www.ferroalloynet.com: This week, vanadium-nitrogen alloys continued to be under pressure, with mainstream transactions falling from 136,000-137,000 CNY/Ton (by acceptance) to 134,000-136,000 CNY/Ton (by acceptance), a decrease of 2,000 CNY/Ton from last week. At the end of the month, medium and large scale steel mills began to enter the market for procurement, but the overall price reduction efforts unabated. Production is seriously inverted, and vanadium-nitrogen alloy manufacturers are less motivated to produce. This month, some manufacturers began to reduce production.
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