[Ferro-Alloys.com]Chinese vanadium pent oxide transacted at RMB44,000-45,000/mt. Downstream V alloy price downturn made most raw materials manufacturers drop quotation.
At the beginning of August, influenced by the decreasing tendered price offered by downstream steel mills, the price of FeV dropped sharply. On one hand, the upstream raw material market is gloomy, which shows a weak support for the FeV alloys market; on the ...
[Ferro-Alloys.com]Chinese vanadium pent oxide transacted at RMB44,000-45,000/mt. As V alloy price consistently dropped, suppliers were prudent to restock materials, so the entire demand was underperformed.
[Ferro-Alloys.com]Chinese FeV was quoted at RMB52,000-53,000/mt by acceptance. Downstream intensive tenders increased the demand of FeV, however, bids dropped further given the bad economic environment.