Steel Mills Have Postponed The Bidding Due To Weak Vanadium Prices
www.ferroalloynet.com: This week, some V-N steel mills have delayed bidding, and the information of steel bidding is less. However, according to the inquiries, the price of vanadium-nitrogen alloy decreased by CNY 8,000-10,000/t compared with last week, and that of ferrovanadium decreased by CNY 6,000-8,000/t compared with last week. Traders have low willingness to inquire and steel mills have limited actual orders, and there is a little pressure to store goods. The price of vanadium is weakening. Some traders think it is not the best time to purchase, taking wait-and-see stances. Several steel mills purchase together, and the bidding prices will be more representative.
|
Company
|
Products
|
Price ( CNY/T)
|
Quantity ( Ton)
|
Remarks
|
|
Kuming Steel
|
VN16
|
185200
|
12
|
Cash With Tax
|
|
Gansu JISCO
|
FeV50
|
131500
|
20
|
Acceptance With Tax
|
|
Liuzhou Steel
|
FeV50
|
190000
|
30
|
Acceptance With Tax
|
|
Gansu JISCO
|
VN16
|
182500
|
30
|
Acceptance With Tax
|
|
183000
|
10
|
|||
|
Shaoguan Steel
|
VN16
|
183000
|
80
|
Acceptance With Tax
|
|
Shougang Changzhi
|
VN16
|
182000
|
30
|
Acceptance With Tax
|
|
One steel mill in Hebei
|
VN16
|
179000
|
60
|
Acceptance With Tax
|
|
Nanjing Steel
|
FeV50
|
119900
|
30
|
Acceptance With Tax(Incuding bidding fee)
|
www.ferroalloynet.com
