www.ferroalloynet.com: This week, vanadium-nitrogen steel bids were released one after another, and the overall price was stable and strong. The transaction of vanadium-nitrogen alloy remained stable at 189,000- 193,000 CNY/Ton (by acceptance).
| Date | VN Price | Change | VN Cost | VN Profit | Unit |
| 20-Dec | 190,000 | — | 188,900 | 1100 | CNY/Ton |
| 21-Dec | 190,000 | — | 188,900 | 1100 | CNY/Ton |
| 22-Dec | 190,000 | — | 188,900 | 1100 | CNY/Ton |
| 23-Dec | 190,000 | — | 188,900 | 1100 | CNY/Ton |
| 24-Dec | 190,000 | — | 188,200 | 1800 | CNY/Ton |
Downstream alloy manufacturers are still under cost pressure. Based on V2O5 flake price of 125,500 CNY/Ton in cash, vanadium-nitrogen production costs are still around 188,000 CNY/Ton in cash, and most alloy plants purchase intentions is within 125,000 CNY/Ton; but retail V2O5 flake holder’s quotation is strong, and low-priced sources are hard to find. Vanadium and nitrogen production has made a small profit, but the cost line is still hovering above and below. The above prices are all cash inclusive of tax. Because the labor and transportation costs of various companies are not the same, the profit calculation is for reference only. (The data in this article are only theoretical values. For the actual situation, please focus on real transactions. The reference price of V2O5 flake is mainly in the retail market, and the V2O5 flake price of major manufacturers is not included in the calculation.)
www.ferroalloynet.com
