There are headwinds for US niobium:
1. planned substantial infrastructure spend - increased steel use
2. desire to halt/reverse US steel industry decline
3. planned increase in weapons spending - niobium is a war metal – geopolitical environment conducive for arms spending – aircraft, rockets, space
Net result – increased US ferroniobium imports.
US ferroniobium imports (kt) – reference WITS site
General discussion, page-10440
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