BEIJING (Asian Metal) 22 Jun 22 – Supported by firm raw material prices during the past week, Chinese ferrovanadium 50%min market mentality stayed firm accordingly. Currently, the mainstream prices of Chinese ferrovanadium 50%min stand at RMB128,000-130,000/t (USD38.3-38.9/kg V) delivered D/A 180 days, unchanged from late last week. Though rebar prices keep dropping for the moment, insiders believe that the mainstream prices of Chinese ferrovanadium 50%min would stay steady in the coming week.
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