GLOBAL VANADIUM WRAP: European FeV prices up on renewed demand; China static

The European ferro-vanadium market has shown renewed signs of life over the past week, with prices beginning to rebound amid a return of consumer interest in the spot market, while Chinese export prices remained flat on a lack of interest among overseas buyers.

  • 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...

Published

Anna Xu

Chris Kavanagh

September 04, 2018

19:30 GMT

New York, Shanghai