Offers of Minor Metals in Europe (2017-11-22）

[Molybdenum-Iron Tender Information] SMM, March 24: It is reported that on March 23, a special steel group in east China announced the tender price for a new round of ferromolybdenum procurement, with the tax-inclusive plant-delivered acceptance-settled price at 277,500 yuan/mt, down 2,000 yuan/mt from the tender price on March 18. The public tender purchase volume was 120 mt (bid volume), while the actual total purchase volume remained to be determined.

[SMM Magnesium Express] China's magnesium product exports totaled 72,700 tons in Jan-Feb 2026, up 3,400 tons year-on-year. January exports reached 40,300 tons, up 6% YoY and 4.2% MoM. February exports stood at 32,300 tons, up 3.7% YoY but down 1.96% MoM due to the Lunar New Year holiday, remaining above the same period last year. The year got off to a positive start.

[SMM Titanium Express] Asahi Kasei, Nippon Steel and Nippon Steel Trading have jointly launched a titanium recycling system for chlor-alkali electrolysis cells, processing production scrap into pure titanium feedstock for corrosion-resistant anode components. Through supply chain collaboration and digital traceability, the closed-loop system enhances resource efficiency and reduces environmental impact. The partners plan to expand cooperation to further integrate secondary raw materials into production processes.