Fastmarkets’ benchmark price assessment for ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe
rose to $27.50-29.50 per kg on Wednesday January 29, up by $1.50-2.35 per kg from $26-27.15 per kg on January 24.
“Vanadium is on fire again,” a producer source said.
Traders have continued to restock into the rally, with offers reported in excess of $30 per kg come Wednesday.
So far it has been another quiet week for consumer buying, with...