BEIJING (Asian Metal) 16 Jan 20 – HBIS Group Chengsteel company produced 16,000t of vanadium pentoxide flake 98%min in 2019, up by 69.3% from 2018.
“Our production for vanadium products all increased a lot in 2019. We produced 16,000t of vanadium pentoxide flake 98%min, 3,880t of ferrovanadium 50%min, 1,650t of ferrovanadium 80%min and 2,500t of vanadium nitride in total,” said the source of this company. According to Asian Metal, in 2018, this company produced 9,450t of vanadium pentoxide flake 98%min, 2,400t of ferrovanadium 50%min, 1,200t of ferrovanadium 80%min and 2,400t of vanadium nitride.
Located in Chengde Hebei, they are one of the top 5 vanadium producers in China.
Currently, mainstream prices for Chinese vanadium pentoxide flake 98%min stand at RMB92,500-95,500/t (USD6.2-6.4/lb V2O5) EXW D/A 180 days, ferrovanadium 50%min stand at RMB98,000-101,000/t (USD28.4-29.3/kg V) EXW D/A 180 days, vanadium nitride stand at RMB145,000-148,000/t (USD27.4-28.0/kg V) EXW D/A 180 days, all unchanged from last week.
www.asianmetal.com
