[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB59,000-60,000/mt (USD9,672-9,836/mt, export duty excluded). Downstream V alloy suppliers had little interest in buying raw materials, so vanadium pent oxide transaction volumes were slim.
It was acknowledged that Jiangsu Fu Ning Kaisheng Stainless Steel Materials Co., Ltd. had transferred to produce the ferrochrome with daily HC FeCr (Cr50%) output of 120tons.
In the first three quarters of 2014, the stainless steel production was 16.02million tons, increased by 17.44% year on year, of which Cr-Ni steel was 8.23million tons, improved by 19.64% Y-O-Y. It was expected that the whole output of 2014 might increased by 1...