Slump in European auto sales weakens demand in sluggish vanadium, ferro-chrome markets

A decline in output from the automotive market in Europe has negatively affected demand in the vanadium and ferro-chrome markets, with prices for both materials falling to multi-month lows.

From January to April 2019, demand for new cars in the European Union decreased by 2.6% year on year to 5.3 million units registered in total, according to the European...

Published

Ewa Manthey

Jon Stibbs

May 22, 2019

17:00 GMT

London