European Ferrovanadium Prices Keep Moving Down

BEIJING (Asian Metal) 24 Mar 23 – In view of the soft demand from end users, European ferrovanadium 80%min market mentality maintained weak during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD39.0-39.5/kg V in warehouse Rotterdam, down by USD1/kg V from late last week. Considering that the sufficient supply in spot market continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would drop further in the coming week.

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