Fastmarkets’ price for ferro-vanadium, 78% V min, fob China
, is $35-37 per kg as of July 18, up from $34.50-36.50 per kg in the prior week.
Meanwhile, Fastmarkets assessed the price of ferro-vanadium, basis 78% V min, 1st grade, ddp Western Europe
, at $29.55-31.05 per kg on July 19, up slightly from $29-30 in the previous assessment.
This leaves a price gap of $5.45-5.95 per kg between the Chinese and European markets.
The higher Chinese price...