European Ferrovanadium Prices Mixed
www.ferroalloynet.com: European ferrovanadium prices were mixed. On July 12, European ferrovanadium was 31.5 (up 0.3)-33.06 (down 0.6) USD/Kg V, equivalent to the price of ferrovanadium50 about 112,900-118,800 CNY/Ton; European vanadium pentoxide was 7.5-8.46 USD/Lb, equivalent to vanadium pentoxide98% about 116,300-131,200 CNY/Ton; U.S. ferrovanadium was 16.5-17 USD/Lb V, equivalent to the price of ferrovanadium50 about 130,500-134,600 CNY/Ton.
The recent transactions in Europe continue to fluctuate at a low level, but because the overall price is low and international vanadium manufacturers are facing cost pressures, they are more supportive of prices; however, the market demand is weak, and it is not easy to trade at high prices.
www.ferroalloynet.com
