Laiwu Iron & Steel Group announces bidding results for vanadium nitride

Date:Jul 02, 2018

BEIJING (Asian Metal) 2 Jul 18 – Laiwu Iron & Steel Group Co., Ltd. completed bidding to purchase 160t of vanadium nitride. Its final purchase price for the material came out to be RMB399,800/t (USD78.47/kg V) Inc-VAT delivered D/A six months, which completely caught up with current offers from vanadium nitride producers, laying firm foundation for future uptrend of prices for Chinese vanadium nitride.

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