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Exports of Brazilian niobium ferroalloys boost in May

Gangya Metal599 people have read

Brazil exported 6,841 mt of niobium ferroalloys in May, against 6,301 mt in April, according to customs.The exports in May were predestined to Asia (5,353 mt, of which 4,102 mt at $25,294/ mt to China), Europe (805 mt at $25,975/ mt), The United States (507 mt at $25,872/ mt), South Africa (82 mt at $24,720/ mt), Canada (73 mt at $26metal coil drape,572/ mt) and South America (21 mt at $30,818/ mt), all FOBGangya metal conditions.The exporters were from CBMM, the globe's largest producing firm (5,531 mt at $26,127/ mt) as well as CMOC (904 mt at $22,811/ mt), while 406 mt were exporteprepainted steel coil valued from irregular operations in the state of Amazonas.The world's biggest producer of niobium ferroalloys, Brazil exported 92,000 mt of the item in 2021, with overall revenues of $2.09 billion, while for the very first five months of 2022, the quantity exported has reached 36,768 mt, with complete incomes of $897 million.

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