Vanadium-Nitrogen Alloy Profit Statistics From 31 July To 4 August 2023

www.ferroalloynet.com: This week, the transaction of vanadium-nitrogen alloy continued to rise slightly, and the mainstream transaction rose from 161,000-163,000 CNY/Ton to 164,000-166,000 CNY/Ton (by acceptance), an increase of about 3,000 CNY/Ton compared with last week. At the beginning of the month, steel mills came into the market one after another to purchase, coupled with the rising price of V2O5 flake and the pressure on production costs, the quotations of vanadium-nitrogen alloy resumed firm. It is difficult for traders to find goods at low prices, because there is little room for operation and they are unwilling to accept orders at high prices, and retail transactions are relatively light.

At the beginning of the week, large V2O5 flake factories signed orders in cash of 106,500 CNY/Ton smoothly, and retail V2O5 flake quotations were gradually raised to match the prices of major factories, and the mainstream transactions have risen to around 106,500-107,000 CNY/Ton in cash. This week, the production of vanadium-nitrogen alloys made a small profit, but the overall space is not large. (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).