www.ferroalloynet.com: This week, the transaction of vanadium nitrogen alloy continued to decline, and the mainstream transaction fell from 147,000-150,000 CNY/Ton (by acceptance) to 143,000-145,000 CNY/Ton (by acceptance), a decrease of about 4,500 CNY/Ton compared with last week. Raw materials continue to fall, medium and large scale steel mills continue to increase their efforts to reduce prices, and vanadium nitrogen alloys continue to be under pressure. Manufacturers often suspend quotations and discuss actual orders, traders are cautious and there are few retail transactions.
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