www.ferroalloynet.com: This week, the transaction price of vanadium-nitrogen alloy continued to fall and the decline expanded. The mainstream transaction price fell from 143,000-145,000 CNY/Ton (by acceptance) to 135,000-137,000 CNY/Ton (by acceptance), which was about 8,000 CNY/Ton lower than last week. Vanadium nitrogen has fallen to the lowest level in the past two years, and manufacturers are less active in production and quotation. In addition to submitting orders for purchase, most traders remain on the sidelines and cautious in purchasing. The price has bottomed out, and there are also a small number of tentative purchases of stockpiling orders.
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