BEIJING (Asian Metal) 23 Jun 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ operating rate reached 48.48% in May 2020, up by 16.4% compared with 41.66% in April 2020 and up by 34.9% compared with 35.93% in May 2019.
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According to the following graph, in May, the operating rate of vanadium nitride producers in Liaoning, Fujian, Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan and Henan was 37.71%, 60%, 42%, 45%, 30.71%, 44.65%, 56.84% and 82.29% respectively. In particular, the figures in Liaoning, Jiangsu, Jiangxi, Shaanxi, Hubei and Henan saw increases MOM while the figures in Fujian and Sichuan remained unchanged MOM.
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