Analysis On Ferrovanadium Stocks In April 2023

www.ferroalloynet.com: According to the incomplete statistics of 33 ferrovanadium production enterprises on FerroAlloyNet, the stock of ferrovanadium at the end of April was about 330 tons, an increase of 95 tons or 40.4% from the previous month. (The output of ferrovanadium80 is uniformly converted to ferrovanadium50). The transaction of ferrovanadium in April continued to decline, and the overall price decline expanded; coupled with the fact that the downstream demand is unlikely to improve, most manufacturers still said that there were very few new orders, and the number of manufacturers that stopped production continued to increase. The overall inventory of ferrovanadium has increased significantly.