The Vanadium Pentoxide Yield From HBIS & Pangang In H1 2021 Ramp Up YoY

www.ferroalloynet.com:  According to FerroAlloyNet, the output for vanadium pentoxide from HBIS Vanadium & Titanium New Material Co. Ltd was 8400 tons in the first half of 2021, ramping up by 2.7% month-on-month and increasing by 18.9% compared with that in H1 2020. And the yield from Pangang in H1 2021 WAS 20360 tons, with a growth of 9.2% year-on-year and decrease of 4.4% month-on-month.

HBIS Vanadium & Titanium New Material Co. Ltd

In the first four months of 2021, the V2O5 monthly production kept stable at 1400 -1600 tons while it shrunk in May and June due to the problems such as blast furnace irregularity. However, as the policy on limitation production in Hebei keeps running all the time, the overall limitation production on crude steel in the second half of 2021 will not affect much the production from HBIS Vanadium & Titanium New Material Co. Ltd.

Pangang Group 

In the first half of the year, except that the output decreased slightly due to the bad situation of Xichang blast furnace from February to March, the monthly output of vanadium pentoxide in the other four months was relatively stable at 3500-3600 tons. In the second half of the year, under the crude steel production restriction policy, Pangang expects that the vanadium pentoxide output from September to December will also be affected to a certain extent. It plans to reduce the amount of vanadium pentoxide by 450 tons per month. This station will follow up and report the later production reduction in real time.

In the second quater of 2021, the output for vanadium pentoxide from Pangang was 10480 tons with a growth of 16.06% year-on-year and ramp up of 7.93% month-on-month.

And belows are the output for V2O5 from Pangang and HBIS in H1 2020 and 2021.

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