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China’s ferro-vanadium export prices rebounded slightly in response to strength in the domestic market, but transactions were limited with many buyers outside China still not back from holidays.
Metal Bulletin’s latest price assessment for fob China ferro-vanadium min 78% rose to $80-82 per kg on September 6, up from $79-82 per kg a week earlier, but buying interest remained low with many market participants not yet back from holidays.
“Domestic ferro-vanadium prices in China rose by 10,000 yuan ($1,458) per tonne, and I lifted my export prices to $86-87 [per kg] based on increased costs, but no deals have been concluded at this level,” a...