Analysis on Ferrovanadium Operating Rate and Output in November

www.ferroalloynet.com: In middle November, the price of ferrovanadium rise slightly, which keep firm in the recent two weeks. The V2O5 flake from large factories were sold, and some factories that lost money and stopped production in October resumed production. Therefore, in November, the operating rate and production of the ferrovanadium manufacturers increased. However, the price fell again at the end of the month, and the ferrovanadium manufacturers returned to the pressure situation.

According to the incomplete statistics, there are about 37 enterprises in normal production in November, the operating rate of enterprises is about 47.2%, with a increase of 4% compared with last month. The output is about 3,690 tons, with a increase of 340 tons compared with last month.

Product
Operating rate(%)
Change(%)
Output(Ton)
Change(Ton)
Ferrovanadium
47.2%
↑4%
3690
↑340

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