[ferro-alloys.com] At the beginning of this week, offer of vanadium-nitrogen alloy continues to rise. Because  price of Piece of vanadium is still high, cost price of Vanadium Nitrogen Alloy that is produced using the Piece of vanadium at current price is at least RMB 132,000/mt, forming a upside down situation with its sales price at the around price of 126,000/mt. Along with the consumption of low-price Vanadium Nitrogen Alloy, under the whole upward special alloy market, Vanadium Nitrogen Alloy will also take advantage of an opportunity, step off the rising market.

CNMC NingXia Orient Group Co., Ltd., a large-scale central enterprise, the current offer of Vanadium Nitrogen Alloy is RMB 130,000/mt, compared to the RMB 127,000/mt, the price has risen RMB 3,000. 

• [Editor:Wang Linyan]