Chinese vanadium offers go up on low availability

Date: Jun 5, 2018 Chinese vanadium supplies are tight. Ferrovanadium manufacturers have reduced production for several months, so current supplies are limited. Pangang mainly signs orders with regular customers and guides the market by increasing vanadium prices. Yesterday, ferrovanadium offer were chaotic. For example, some companies increase offers to 200000 rmb/ton but no buyers are interested. Ferrovanadium market in Hebei Province is active in enquiry.

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