European Ferrovanadium Prices Drop

BEIJING (Asian Metal) 7 Apr 23 – In view of the rare inquiries and sufficient supply in spot market, European ferrovanadium 80%min market mentality maintained soft during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD37-37.5/kg V in warehouse Rotterdam, down by USD1/kg V from late last week. Considering that most buyers prefer to watch the market and weak market mentality continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would move down further in the coming week.

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