BEIJING (Asian Metal) 24 Jun 22 – Though rebar prices kept moving down during the past week and vanadium nitride prices couldn’t get any effective support from terminal users, no producers chose to loosen their prices due to the stalemate raw material prices. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB180,000-183,000/t (USD35-35.5/kg V) delivered D/A 180 days, unchanged from late last week. Considering that inquiries stay rare for the moment, insiders believe that the mainstream prices of Chinese vanadium nitride would stay in a stalemate in the coming week.
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