BEIJING (Asian Metal) 20 Jul 23 – In view of the sufficient supply in spot market, Chinese vanadium nitride market mentality stayed weak over the past week. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB162,000-165,000/t (USD29-29.6/kg V) Delivered D/A 180 days, unchanged from late last week. Considering that no signs show that steel mills’ demand could grow in July, insiders predict that the mainstream prices of Chinese vanadium nitride would stay soft in the coming week.
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