Price of vanadium tending to be strong because of the shortage of raw material resources

  • Wednesday, August 29, 2018
  • Source:ferro-alloys.com

  • Keywords:vanadium
[Fellow][ferro-alloys.com] Price of vanadium tending to be strong because of the shortage of raw material resources

[ferro-alloys.com] The offers of vanadium nitrogen alloy and ferro-vanadium remained strong in China because of the shortage of raw material resources and centralized bidding of vanadium alloys at the end of August. Although the mainstream transaction price did not change much compared with the earlier period, most plants mainly engaged in production based on the order, and spot resources were also tight. The rise of overall price in raw material market is not obvious yet. Although the quotation of large-scale raw material plants is stable, the bargaining space is reduced and their transaction price is close to the high price. Some plants do not make offers, and are waiting to make adjustment according to market situation.

  • [Editor:Wang Linyan]

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