International vanadium market sees more active enquiry

Date: Dec 20, 2017 International vanadium prices rocket recently, and the midpoint in price range is closing to China domestic market. Overseas buyers are actively enquiring but Chinese supplies are controlled strictly, so most of them have no access to the procurement. Pangang and Chengde Iron&Steel mainly sign long-term supply agreement, while European buyers intend to top up stocks ahead of Christmas. European vanadium prices is anticipated to go further up.

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