Vanadium market is full of wait-and-watch sentiment

Date: Dec 24, 2018 As the manufacturers insist on holding firm to their offers, vanadium prices gradually settle down. Ferrovanadium and vanadium-nitrogen prices are stable at present but steel mills still force down the prices strongly. Thus, the price gap between steel mills and manufacturers remains large and the market is full of wait-and-watch sentiment. Most manufacturers insist their offers due to high cost and take wait-and-watch, while the purchasing quantity of steel mills is low at present.

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