Date:May 31, 2018
www.ferroalloynet.com: In May, ferrovanadium manufacturers can hardly find low-priced raw materials and suffer serious cost overhang. Most of them do business with their regular customers with small quantity of orders, and they are reluctant to remain production if they can’t purchase raw material at a price they can afford. Therefore, ferrovanadium 50# operating rate sits at lows and some factories have suspended production since the second half of May, posing the output in decrease.
