BEIJING (Asian Metal) 17 Feb 23 – With limited Russian resources in spot market due to the sanctions, European ferrovanadium market saw tight supply and the market mentality went strong gradually during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD38.5-39/kg V in warehouse Rotterdam, up by USD0.5/kg V from late last week. Considering that the positive market mentality continues, insiders believe that the mainstream prices of European ferrovanadium 80%min would move up gradually in the coming week.
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