Chinese vanaidum market quiets down

Date: Apr 16, 2018 After steel mills force down the prices strongly, Chinese vanadium market is seen inactive in transaction. Raw material market is deadlocked. Tanvic is still under overhaul and hasn’t signed orders, Desheng focus on unfinished orders, and Jianlong Chengde may sign more orders late this week and the order prices might remain at 190000 rmb/ton (acceptance, tax inclusive). Other suppliers of raw materials have limited quantity of inventories and the prices are chaotic.

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