European Ferrovanadium Prices Down

BEIJING (Asian Metal) 8 Sep 23 – In view of the soft demand, European ferrovanadium 80%min market mentality kept negative during the past week and suppliers actively dropped their prices to clear inventory. At present, the mainstream prices of European ferrovanadium 80%min stand at USD30.6-31.1/kg V in warehouse Rotterdam, down by USD0.4/kg V from late last week. Considering that most consumers prefer to watch the market now, insiders believe that the mainstream prices of European ferrovanadium 80%min would keep weak in the coming week.

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