Shandong Iron & Steel Group completed the purchase of 110t of ferrovanadium 50%min via public bidding on May 12. The deal was concluded at RMB109,000/t (USD15,665/t) delivered D/P for 80t of Laiwu Branch and RMB112,000/t (USD16,096/t) delivered D/A 180 days for 30t of Rizhao Branch.
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