European Ferrovanadium Market Sees Rare Inquiries

BEIJING (Asian Metal) 21 Apr 23 – Due to the soft demand from terminal users, most European ferrovanadium traders chose to watch the market and the market rare inquiries during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD35-35.5/kg V in warehouse Rotterdam, down by USD1.5/kg V from late last week. Considering that buyers could easily find enough goods in spot market and the sufficient supply continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would move down slightly in the coming week.

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