Beiying Iron & Steel announces bidding results for vanadium nitride

Date: Oct 17, 2018

BEIJING (Asian Metal) 17 Oct 18 – Benxi Beiying Iron & Steel (Group) Co., Ltd. completed bidding to purchase 40t of vanadium nitride with the final purchasing price of RMB780,000/t (USD146.32/kg V) Inc-VAT delivered D/A six months, up by RMB360,000/t (USD67.53/kg V) or 85.7% from that of last month.

The purchasing price hit the record high, promoting the increase of vanadium nitride prices.

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