Weak end-user demand in Europe puts pressure on vanadium prices

European vanadium pentoxide (V2O5) and ferro-vanadium prices fell again last week due to suppliers continuing to lower their offers to secure limited spot business.

Fastmarkets assessed the vanadium pentoxide 98% V2O5 min, in-warehouse Rotterdam price at $5.50-6 per lb on Friday May 29, down 3.4% from the previous week’s assessment of $5.50-6.40 per lb.

Offers for V2O5 continued to move lower, according to market sources, while 40 tonnes of material exchanged hands last week at...

Published

Ewa Manthey

June 01, 2020

12:40 GMT

London