European Ferrovanadium Prices Decline

BEIJING (Asian Metal) 17 Mar 23 – Due to the weak demand from terminal users, European ferrovanadium 80%min market mentality turned negative during the past week. At present, the mainstream prices of European ferrovanadium 80%min stand at USD40.0-40.5/kg V in warehouse Rotterdam, down by USD1/kg V from late last week. Considering that most buyers prefer to watch the market and inquiries in spot market stay rare now, insiders believe that the mainstream prices of European ferrovanadium 80%min would move down slightly in the coming week.

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