European Ferrovanadium Prices Keep Moving Down

BEIJING (Asian Metal) 28 Apr 23 – In view of the soft demand and sufficient supply in spot market, European ferrovanadium 80%min market mentality maintained negative during the past week. At present, the mainstream prices of European ferrovanadium 80%min stay at USD33.5-34/kg V in warehouse Rotterdam, down by USD1.5/kg V from late last week. Considering that most buyers prefer to watch the market and the quiet market continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would drop below USD33/kg V in the coming week.

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