BEIJING (Asian Metal) 16 Mar 22 – As Russia couldn’t export ferrovanadium to Europe due to the economic sanction, European market saw tight supply and market prices kept soaring during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD61.5-62/kg V in warehouse Rotterdam, up by USD7.5/kg V from middle last week. Though inquires started to reduce due to the price soaring, most suppliers still hold bullish attitude and they believe that the mainstream prices of European ferrovanadium 80%min would move up further in the coming week.
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