Paying Attention To The Progress Of VN Alloy Tender Before The Holiday

www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 139,000-142,000 CNY/Ton (by acceptance), ferrovanadium is 100,000-103,000 CNY/Ton (by acceptance); retail V2O5 flake is 92,000-93,000 CNY/Ton in cash, and ammonium metavanadate is 87,000-88,000 CNY/Ton in cash.

In terms of alloys: Vanadium-nitrogen alloy steel mill’s bidding has been released one after another before the holiday, but the efforts of medium and large steel mills to reduce prices have not diminished, and the bidding price is still around 139,000-142,000 CNY/Ton (by acceptance); under cost pressure, most vanadium-nitrogen plants give offer prices no less than 140,000 CNY/Ton in cash, limited transactions at high prices. Continue to pay attention to today’s final pricing of 20 tons vanadium-nitrogen alloy from Henan Minyuan, 30 tons from Nanjing Iron & Steel, 60 tons from JISCO Yuzhong Iron & Steel, and 60 tons from LY Steel. Ferrovanadium bidding action is low before festival, but with cost support, ferrovanadium manufacturers mostly quoted at 103,000-104,000 CNY/Ton in cash.

For more information, please visit: https://www.ferroalloynet.com/analysis/paying_attention_to_the_progress_of_vn_alloy_tender_before_the_holiday.html

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