BEIJING (Asian Metal) 1 Sep 23 – Due to the soft demand from terminal users, European ferrovanadium 80%min market mentality stayed negative over the past week and suppliers actively dropped their prices to promote sales. Currently, the mainstream prices of European ferrovanadium 80%min stay at USD31-31.5/kg V in warehouse Rotterdam, down by USD0.5/kg V from late last week. Considering that inquiries in spot market stay rare now, insiders believe that the mainstream prices of European ferrovanadium 80%min would stay soft in the coming week.
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