Steel Mills’ Bidding In August

www.ferroalloynet.com: According to FerroAlloyNet, the overall bidding quantity for vanadium nitrogen alloy in August is decreasing and the tender also extend for the prices dropping on vanadium which has reduced by 6000-7000 CNY/T till now. Some vanadium nitrogen alloy producers mentioned that right now the demands are slow and purchasing prices are also shrinking while cost remains to be high which put them to be hesitate to sell right now. And some traders also show the pessimistic toward the future market which pulls down the quotation. As this price falls down, many buyers and sellers also are reluctant to offer and inquiry and prefer to wait and see the future market.

Company

Products

Price ( CNY/Ton)

Quantity ( Ton)

Basis

Date

Shougang Changzhi

VN16

190,650

20

Acceptance with tax

August 4th

Xinxing Ductile Iron Pipe Co.,ltd.

FeV

139,000

8

Cash with tax

August 4th

One Steel in Liaoning

FeV50

137,200

30

Acceptance with tax

August 5th

Nanjing Steel

VN16 189,800 60 Acceptance with tax, including the tender fee

August 9th

Nanjing Steel

FeV 50 136,800 60 Acceptance with tax, including the tender fee

August 9th

Anhui Changjiang Steel

VN16 189,500 80 Acceptance with tax

August 9th

One Steel in Shandong

FeV 50 139,000 33 Acceptance with tax

August 11th

Shougang Changzhi

VN16 182,800 20 Acceptance with tax

August 11th

Jiangsu Binxin Iron & Steel

VN16 182,500 140 Cash with tax

August 11th

One Steel mill in Shandong

VN16 186,000 110 Acceptance with tax

August 11th

One Steel mill in Shandong

VN16 198,000-200,000 190 Acceptance with tax

August 11th

www.ferroalloynet.com

Subscribe to receive daily Vanadium price and news

This will close in 0 seconds