www.ferroalloynet.com: This week, most of the ferrovanadium, VN alloy manufacturers have not made the latest offer, and the market is not active. As a result of some steel mills are expected to open bids these days, the market is currently in a strong wait-and-see mood. The quoted price of ferrovanadium bulk is CNY 104,000-105,000 / t by cash, and that of VN alloy bulk is CNY 153,000-154,000 / t. Part of vanadium and nitrogen plants can make a transaction at price of CNY 150,000-151,000 / t. In terms of raw materials, the quotation of V2O5 flake bulk is CNY 98,000-99,000/ t. Compared with last week, the overall price and market atmosphere of vanadium market have not changed much, and the market price is quite different.
Up to now, the bidding price of steel plants has not declined significantly. The bidding price of Nanjing Steel is still under negotiation. In the short term, it is expected that the price of raw materials will be relatively low and the pressure of alloy plant will increase.
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