Shanxi Jincheng Steel announces bidding results for vanadium nitride

Date: Nov 14, 2018

BEIJING (Asian Metal) 14 Nov 18 – Shanxi Jincheng Steel announced early this week that they purchased 20t of vanadium nitride with the final purchase price of RMB750,000/t (USD140,00/kg V) Inc-VAT delivered D/A six months.

This purchase price was obviously lower than market expectations and greatly contributed to the downtrend of vanadium nitride prices.

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