BEIJING (Asian Metal) 6 Dec 22 – As one of the top 3 producers in China, Sichuan Tranvic Group Co. expects to produce about 14,000t of vanadium pentoxide flake 98%min in 2022, down by about 8.5% from 2021 due to the reduction of vanadium slag.
“As steel demand reduced, we didn’t produce enough vanadium pig-iron this year, so we had no enough vanadium slag to produce vanadium pentoxide flake 98%min. We expect to produce about 14,000t of vanadium pentoxide flake 98%in in 2022, down by about 1,300t from 2021,” said a source from this company. They produced about 15,300t of vanadium pentoxide flake 98%min in 2021 and about 15,000t in 2020. They sell by long-term contract and quote RMB121,500/t (USD7.80/lb V2O5) EXW D/P for the moment.
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