US ferrovanadium market follows the pace of the rally in Europea and China

Date: Jan 09, 2018
www.ferroalloynet.com: European V2O5 price increase slows down this week, comparted to considerable price increase last week, rising slightly to 9.9-10.2 $/lb V2O5.

By contrast, Euroepan ferrovanadium prices show signs of soaring as the prices increased by 2.75 $/kg V to 10-year highs since 2008, in a range of 49.50-52 $/kg V. It is mainly because the tight supply in China and South Korea causes European ferrovanadium supplies in shortage. Meanwhile, both consumers and traders show strong procurement demand.

To read full article please click here

Subscribe to receive daily Vanadium price and news

This will close in 0 seconds