European Ferrovanadium Market Stays In A Stalemate

BEIJING (Asian Metal) 12 Aug 22 – As most terminal users would come back to the market from their traditional Summer Holidays, few suppliers would like to drop their prices to promote sales and the market mentality stayed in a stalemate during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD33-33.5/kg V in warehouse Rotterdam, unchanged from late last week. Considering that most suppliers prefer to hold back from selling now, insiders believe that the mainstream prices of European ferrovanadium 80%min would move up slightly in the coming week.

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