[Ferro-Alloys.com] 

Recently, the domestic vanadium market rebound, the market trend is stable and good. With the steel plant bidding began, the domestic steel plant bidding price has been issued, the overall atmosphere of the domestic vanadium market is active. At present, some domestic steel enterprises have issued the price of VN alloy in December, of which the inquiry price of VN alloy in December of Laigang is 131,000 yuan / ton tax acceptance, the purchase quantity is 180 tons, the purchase price of ferrovanadium is 90,800 yuan / ton acceptance, the purchase quantity is 30 tons; Shaoguan Iron and Steel Co., Ltd. finalized VN alloy price is 130,500 yuan / ton acceptance, the purchase quantity is 90 tons; Bagang VN alloy acceptance is 131,200 yuan / ton,  the purchase quantity is 40 tons. Hebei Iron & Steel, a large northern group, this week issued demand orders for VN alloy and ferrovanadium for December. Some steel mills such as Anhui Changjiang Iron and Steel in December bidding VN alloy 120-140 tons demand. The release of the purchase quantity of steel mills has led to the market demand of VN alloy, and the purchase price of steel enterprises has been maintained at more than 131,000 yuan / ton. And some domestic VN alloy enterprises since late November after the production order has been more full, spot procurement is difficult to find, and the single quotation has been raised. As of Thursday, the price of VN alloy was generally increase, with most manufacturers offering 133,000-135,000 yuan / ton and a small number as high as 137,000 yuan / ton, the market quotation is chaotic, but the mainstream transaction price is still in 131,000 yuan / ton acceptance. Domestic V2O5 98% of the main vanadium manufacturers quoted between 83,000-84,000 yuan / ton, the price of ferrovanadium 50# is between 90,000-91,000 yuan / ton. At the same time, Panzhihua Iron and Steel Co., Ltd. issued a vanadium price notice this morning, the external quotation has been raised, of which VN16 VN alloy quotation increased by 3000 yuan / ton to 135,000 yuan / ton including tax acceptance and ferrovanadium 50# quotation increased by 2000 yuan / ton to 93,000 yuan / ton including tax acceptance. With the release of domestic steel enterprises demand, the domestic vanadium alloy formed a good support.

• [Editor:wenxin]