BEIJING (Asian Metal) 24 Feb 23 – Without Russian resources in spot market due to the sanctions, European ferrovanadium market saw tight supply and the market mentality kept positive during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD39.5-40/kg V in warehouse Rotterdam, up by USD1/kg V from late last week. Considering that the strong market mentality continues, insiders believe that the mainstream prices of European ferrovanadium 80%min move up slightly in the coming week.
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