American Ferrovanadium Prices Edge Up

BEIJING (Asian Metal) 2 Dec 22 – Due to the coming Christmas Holiday, American ferrovanadium buyers started to build inventory and market inquiries turned active during the past week. Currently, the mainstream prices of American ferrovanadium 80%min stand at USD41-41.5/kg V Ex-warehouse, up by USD0.5/kg V from late last week. Considering that few suppliers have inventory pressure and the positive market mentality continues for the moment, insiders believe that the mainstream prices of American ferrovanadium 80%min would edge up in the coming week.

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