Chinese vanadium market is in rational consolidation

Date: Jan 25, 2018 Chines vanadium market is consolidating at highs, as market psrticipants remain wait-and-see. Many steel mills conduct biddings and vanadium-nitrogen bidding prices shrink slightly. Anhui Changjiang bids 60 tons of vanadium-nitrogen at 284800 rmb/ton (acceptance, tax inclusive), Zenith Steel’s biddding prices for vanadium-nitrogen is anticipated not to be more than 285000 rmb/ton with tax.

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