Results for tag: "Ferroniobium"

Ferroniobium is a ferrous metal alloy composed of iron and niobium. It is used in the production of high-strength, low-alloy steels, which are used in a variety of industries, including automotive, construction, and energy. Ferroniobium is also used in the production of stainless steels, which are used in a variety of applications, including medical and food processing. The ferroniobium market is driven by the demand for high-strength, low-alloy steels and stainless steels. The price of ferroniobium is largely determined by the supply and demand of iron and niobium, as well as the cost of production. The ferroniobium market is highly competitive, with a number of companies operating in the space. Some of the major players in the market include ArcelorMittal, Nucor Corporation, ThyssenKrupp AG, and Voestalpine AG. Show Less Read more