Chinese VN alloy prices stay at highs

Date: Jan 15, 2018 Chinese vanadium-nitrogen bidding prices stay at highs with bids of 299000 rmb/ton (acceptance, tax insclusive) from a Shandong-based steel mill and 311800-313000 rmb/ton (cash, tax insclusive) from Kunming Steel. Today vanadium pentoxide flake prices also stabilize at 180000-190000 rmb/ton with tax. The market sticks into gridlock and is full of wait-and-see sentiment.

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