Chinese Ferrovanadium Market Sees Steady Prices

BEIJING (Asian Metal) 26 Sep 23 – Though late last week purchase prices from steel mills moved up, most ferrovanadium suppliers keep their prices unchanged today. Currently, mainstream prices of Chinese ferrovanadium 50%min stand at RMB103,000-105,000/t (USD28.2-28.7/kg V) delivered D/A 180 days, unchanged from late last week. But considering that over the past two days steel mills lifted their purchase prices, insiders believe that mainstream prices of Chinese ferrovanadium would move up accordingly within this week.

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