Date: Sep 3, 2018
| Ranking | Company | Furnace model | Monthly capacity(ton) | Monthly output(ton) |
| 1 | Pangang Group Xichang Steel&Vanadium Co., Ltd | Electric furnace(1) | 1200 | 1250 |
| 2 | Pangang Group Vanadium Industry | Electric furnace(1) | 800 | 650 |
| 3 | Jinzhou Xinwanbo Metal Materials Co., Ltd | Electric furnace(1)/Outfurnace(6) | 800 | 300 |
| 4 | HBIS Company Limited Chengde Branch | Electric furnace | 700 | 240 |
| 5 | Chongyang Qingfeng Technology Co., Ltd | Electric furnace(2) | 400 | 200 |
| 6 | Liaoning Huatai Metal Co., Ltd | Outfurnace | 300 | 130 |
| 7 | Panzhihua Shirentong Fanye Co., Ltd | Electric furnace(2) | 400 | 120 |
| 8 | Jinzhou Xinrong Vanadium Industry Co., Ltd | Outfurnace(10) | 200 | 110 |
| 9 | Jinzhou Guangda Ferroalloy Co., Ltd | Outfurnace(10) | 300 | 100 |
| 9 | Chaoyang Boyuan Metal Industry Co., Ltd | Outfurnace | 100 | 100 |
| 9 | Chongyang Xinrui Vanadium Industry Co., Ltd | Electric furnace | 150 | 100 |
