[ferro-alloys.com] Vanadium market is mainly stable in nearly two days, there are relatively much more maintaining stable factors in the market, but supply of goods is in shortage, inquiries from purchasers have increased, and positivity of making offers of traders has decreased, part enterprises cannot make offers because they do not have spot goods.
Recently, acceptance prices of Ferrovanadium of bidding of steel mills are around RMB 140,000/MT, and the fluctuation range is limited. Acceptance price of Ferrovanadium of bidding of Nanjing steel in December is RMB 139,000/MT, including service fee of bidding, and the quantity is 40 tons. Price of Ferrovanadium in vanadium market is stable, offer of vanadium-nitrogen alloy rises along with the rise of price of bidding of steel mill, and inquiry and purchase of vanadium-nitrogen alloy from resellers have increased.
A Producer in Hebei said, “Raw material flaky Vanadium Pentoxide is tense, January is the time of preparing goods before Chinese New Year that the market demand quantity is not small, recently price of Ferrosilicon has risen, prices of vanadium alloys should also rise”. A producer in Hunan said, “Production is proceeding in normal for now, but there are no spot goods, and the important thing says three times--- tension、tension and tension ”.
- [Editor:Wang Linyan]
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