| Company | Furnace model | Running furnace | Capacity | Output in Aug (ton) | Rank |
| Pangang Group Vanadium Titanium & Resources Co., Ltd. Panzhihua Vanadium Products Factory | electric furnace (1) | 2 | 800 | 1264 | 1 |
| Pangang Group Xichang Steel&Vanadium Co., Ltd | electric furnace (2) | 2 | 1500 | 1028 | 2 |
| HBIS Chengde Vanadium Titanium New Material Co. Ltd. | electric furnace | 2 | 700 | 588 | 3 |
| Jinzhou Xinwanbo Metal Material Co. Ltd. | Outfurnace(6) and electric furnace(1) | 1 | 600 | 350 | 4 |
| Henan Aokuang Industrial Co., Ltd | Outfurnace | 1 | 100 | 130 | 5 |
| Yingkou Shengdong Refractory Material Co. Ltd | Outfurnace | 1 | 250 | 90 | 6 |
| Jinzhou Xinrong Vanadium Industry Co. Ltd | Outfurnace | 1 | 200 | 80 | 7 |
| Jinzhou Xinrong Vanadium Industry Co., LTD | Outfurnace (10) | 1 | 200 | 60 | 8 |
| Chaoyang Boyuan Metal Industry Co. Ltd | Outfurnace | 1 | 300 | 60 | 9 |
| Chongyang Zhongrui Mining Co. LTD | Outfurnace | 1 | 180 | 60 | 10 |
| Rongxin Ferroalloy Co., Ltd. | Outfurnace | 1 | 150 | 55 | 11 |
| Jinzhou Hongding Metal Co., Ltd. | Outfurnace | 1 | 80 | 50 | 12 |
| CNMC Ningxia Orient Group Co., Ltd. | electric furnace(1) and outfurnace | 1 | 500 | 40 | 13 |
| Jinzhou Sinosteel Mining & Metallurgy Co. LTD | Outfurnace (1)and electric furnace(1) | 0 | 100 | 30 | 14 |
| Liaoning Huatai Metal Co., LTD | Outfurnace | 1 | 400 | 20 | 15 |
| Jianchang Linghe Molybdenum Industry Co. Ltd | Outfurnace | 1 | 150 | 20 | 16 |
| Jinzhou Xinlong Vanadium Industry Co., LTD | Outfurnace | 0 | 200 | 10 | 17 |
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