The end market of vanadium shows low spot demand

Date: Nov 21, 2018 Last weekend, billet prices in Tangshan were reduced sharply by 90 rmb/ton, then yesterday the futures prices of rebar 1901 were running weakly and the national average prices of rebar 20mm dropped sharply by 81 rmb/ton to 4450 rmb/ton. Some regions saw the price decline by hundreds of rmb.

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