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【Ferro-Alloys.com】

 

Recently, the market price of vanadium alloy has risen steadily. Bidding of major domestic steel mills has not yet begun, most are still on the sidelines. At present, vanadium nitrogen alloy manufacturers list more full and the spot resources less, part of the transaction price is about 126,000 yuan / ton, the quoted price of manufacturers are firm and  high in general, some manufacturers quote close to 130,000 yuan / ton. It is reported that, Pangang raised its vanadium nitrogen alloy and vanadium iron 50# quote yesterday, the VN alloy quotation rises 2000 yuan / ton, to 132000 yuan / ton (including tax acceptance), ferrovanadium50# up 1000 yuan / ton, to 91000 yuan / ton (including tax acceptance). At present, the price of 98% flake vanadium in China is about 80,000-82,000 yuan / ton, VN alloy manufacturers in the recent procurement of vanadium is more difficult, there's a slight standoff between supply and demand. The follow-up steel factory bidding dynamics still need to pay close attention to.