BEIJING (Asian Metal) 12 May 22 – Due to the energy crisis caused by the conflict between Russia and Ukraine, European steel mills reduced their ferrovanadium 80%min consumption and market inquires stayed rare during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD40.5-41/kg V in warehouse Rotterdam, down by USD2.5/kg V from late last week. Considering that the sufficient supply in spot market continues, insiders believe that that the mainstream prices of European ferrovanadium 80%min would keep moving down in the coming week.
Please visit more information https://www.asianmetal.com/news/1808428/European-ferrovanadium-inquires-stay-rare/14
