Due to ongoing cost pressures, European ferrovanadium manufacturers are reluctant to sell, leading to a slight increase in low-level prices. On August 29th, European ferrovanadium was 23.4 (+0.1)-24.01 USD/Kg V, equivalent to the price of ferrovanadium 50 about 83,100-85,300 CNY/Ton; European vanadium pentoxide was 5.25-5.51 USD/Lb, equivalent to vanadium pentoxide 98 about 80,600-84,600 CNY/Ton;
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