European Ferrovanadium Market Sees Little Inquiries

BEIJING (Asian Metal) 28 Jul 23 – As few buyers would like to replenish stocks in July due to the Summer Holidays, European ferrovanadium 80%min market saw little inquiries and the market mentality went weak during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD31.6-32.1/kg V in warehouse Rotterdam, down by USD0.4/kg V from late last week. In view of the weak demand in spot market, insiders believe that the mainstream prices of European ferrovanadium 80%min would stay weak in the coming week.

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