Chinese Vanadium Nitride Prices Keep Steady Temporarily

BEIJING (Asian Metal) 10 Oct 23 – Although steel mills intend to force down the purchase price, supported by costs, current mainstream prices of Chinese vanadium nitride N14%min, V77%min keep stable at RMB139,000-142,000/t (USD19,061-19,473/t) EXW D/A 180 days from yesterday. The market sees sufficient spot supply, but in view of high costs of producers and the start of downstream purchases, insiders expect that mainstream prices of Chinese vanadium nitride would remain stable in the future.

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