www.ferroalloynet.com: Yesterday, the bidding price of vanadium-nitrogen alloy temporarily stopped falling, but high-priced goods were not easy to trade. The mainstream transaction price in the market was 133,000-136,000 CNY/Ton (by acceptance); traders made inquiries and offered prices of 130,000-131,000 CNY/Ton in cash, manufacturers were under great pressure on production costs, as well as the low operating rate, low-priced spot goods are still hard to find. The demand for ferrovanadium is low, and the price is slightly weaker at 100,000-101,000 CNY/Ton (by acceptance). A small amount of rigid demand transactions are mainly completed, and traders’ wait-and-see sentiment remains unchanged.
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