European Ferrovanadium Market Prices Down

BEIJING (Asian Metal) 20 Oct 23 – Discouraged by weak demand from most consumers, European ferrovanadium 80%min market prices decreased in the past week. The current mainstream prices of European ferrovanadium 80%min slid to USD26-26.5/kg V in warehouse Rotterdam, down by USD2.0/kg V from early last week. As most suppliers plan to lower their prices to promote sales, insiders believe that the mainstream prices of European ferrovanadium 80%min would decrease further in the coming week.

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