On April 10, Pangang Group Vanadium & Titanium announced that the net profit attributable to the listed company shareholders was 730 million to 830 million yuan in Q1, up by 56% to 77% YOY. There are two main reasons for the growth. Firstly, the market prices for vanadium products rose YOY. Secondly, the sales of vanadium and titanium products of the company increased YOY.
http://www.asianmetal.com
