Chinese vanadium bids are anticipated to continue increasing

Date: Jan 04, 2018 China vanadium market continues to jump and though the market is active, the supply shortage is unable to be eased shortly. The bidding prices provided by steel mills also sit at highs, of which some haven’t accessed raw materials for a long time as ferrovanadium and vanadium-nitrogen suppliers make high quotation. Now some higher offers for ferrovanadium top 200000 rmb/ton and vanadium-nitrogen sits over 300000 rmb/ton.

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