- Chinese export markets continue flat on buyer inactivity
- EU FeV market sees bump on return of consumer demand
- US FeV spot market continues to see limited interest.
Export prices for ferro-vanadium and vanadium pentoxide (V2O5) were unchanged week-on-week on Tuesday September 4, and deals were sparse in China’s export market, because overseas buyers have not come back for purchases.
Metal Bulletin’s latest price assessment for ferro-vanadium, min 78%, fob China
, was $79-82 per kg on August 30, unchanged since August 16.
“Domestic prices rebounded recently because of the positive outlook for the following two months, ahead of the implementation of a new rebar standard in November,” an exporter told Metal Bulletin.
Rebar producers in China will definitely stock up on ferro-vanadium before November because of the...