Vanadium Weekly Market Overview During 5-10 May, 2019

www.ferroalloynet.com: This week, vanadium products market is in a state of decline, vanadium alloy steel bidding price continues to be under pressure, vanadium price has declined collectively. Because the market supply of vanadium resources exceeds demand, steel mills purchase on demand, vanadium price naturally continuously has a downward trend. Three large enterprises of vanadium pentoxide flake still have not adjusted their prices yet, the acceptance price is CNY 170,000/t, without any actual orders. At present, the alloy factory first takes orders and then purchases raw materials appropriately. The mainstream transaction price of vanadium pentoxide is CNY 135,000/t including tax, the price of ferrovanadium is CNY 150,000-155,000/t, and that of vanadium nitrogen alloy is CNY 207,000-210,000/t. Today, the procurement price of vanadium nitrogen alloy of Kunming steel reaches a new low of CNY 203,300/t.

Company 
Products 
Price(CNY/T)
QTY(TON)
Remarks 
Anyang Yongxing Steel
VN16
228000
40
Cash With Tax
Lianyuan Steel
FeV50
165000
10
Acceptance With Tax
Shaanxi Steel
VN16
232000
10
Acceptance With Tax
Hebei Xinxing Ductile Iron Pipes
VN16
233000
20
Acceptance With Tax
ZENITH Steel
VN16
220000
60
Acceptance With Tax
HBIS
VN16
231500
190
Acceptance With Tax
Xiangtan Steel
VN16
220000
15
Acceptance With Tax
Benxi Steel
VN16
220000
20
Acceptance With Tax
Kunming Steel
VN16
200300
20
Cash With Tax
VN16
200400
10
Cash With Tax

www.ferroalloynet.com

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