[ferro-alloys.com] Two Sessions are holding now, and exploitation and process of Vanadium are influenced by environmental protection policy. Production of piece of Vanadium in Panzhihua City, Sichuan Province is stopped over the whole line, and production of piece of Vanadium and its rate of operation is also affected.  

In the earlier stage, prices of Vanadium Ore and Vanadium Pent Oxide are suppressed by the downstream iron and steel enterprise, because of abundant inventory of Vanadium-Nitrogen Alloy, and supply of it exceeds its demand, the price of calling for bids of Vanadium Nitrogen Alloy is at a lower price that production cost and sales price of Ferro Vanadium and Vanadium Nitrogen Alloy form upside down. Now, emotion of being reluctant to sell out Vanadium Ore and vanadium pent oxide enterprise at a low price is strong. From the view of price, offer of Vanadium Nitrogen Alloy (98 piece of Vanadium) keeps stable at RMB 85,000/MT. Along with the purchasing and calling for bids of steel mills coming into peak period, gradual consumption of stock of vanadium products and limited exploitation of upstream Vanadium Ore, price of Vanadium product is expected to copy bull market of Titanium industry chain.

• [Editor:Wang Linyan]