BEIJING (Asian Metal) 28 Jun 22 – Due to the sufficient supply in spot market, Indian buyers strengthened their pricing power during the past week. Currently, the mainstream prices of Indian imported ferrovanadium 50%min stand at USD42.5-43/kg V CIF India, down by USD0.5/kg V from early last week. Considering that terminal demand stays weak due to the steel off-season, insiders believe that the mainstream prices of Indian imported ferrovanadium 50%min would stay soft in the coming week.
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