BEIJING (Asian Metal) 17 Jun 22 – Due to the coming Summer Holidays, few traders would like to build inventory. However, terminal users’ ferrovanadium 80%min demand didn’t reduce, which supported the market mentality firm during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD36.5-37/kg V in warehouse Rotterdam, unchanged from late last week. In view of the ongoing inquiries from steel mills, suppliers even try to increase their prices and insiders believe that the mainstream prices of European ferrovanadium 80%min would stay firm in the coming week.
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