Vanadium-nitrogen Alloy Profit Statistics From 24 To 28 July 2023

www.ferroalloynet.com: This week, vanadium-nitrogen alloy transaction fell first and then stabilized. The mainstream transaction fell from 162,000-164,000 CNY/Ton to 161,000-163,000 CNY/Ton (by acceptance), about 1,000 CNY/Ton lower than last week. With the continuous release of steel mill’s bidding at the end of the month and the recent favorable macro policies, the quotations of vanadium nitrogen alloy from manufacturers have recovered and the supply of low-priced goods has decreased.

This week, the mainstream transactions of V2O5 flake were 105,000-105,500 CNY/Ton in cash, and the production of vanadium-nitrogen alloys maintained a meager profit at the beginning of the week; however, with the emergence of good news in the alloy market, the quotations of retail V2O5 flake have risen slightly to 106,000 CNY/Ton in cash, low-priced goods are hard to find, and the production of vanadium-nitrogen alloys faces the risk of inversion again. (The data in this article are only theoretical values. For the actual situation, please focus on real transactions. The reference price of V2O5 flake is mainly in the retail market, and the V2O5 flake price of major manufacturers is not included in the calculation).