European ferrovanadium close to 10-year high

Date: Jan 05, 2018

European ferrovanadium prices put on $4/kg over the week, nearing in on a 10-year high as demand for material was stripped by a shortage of offers.

S&P Global Platts assessed its weekly European ferrovanadium price on Thursday at $47-$52/kg, up from $44-$47/kg. The last time ferrovanadium was higher was on the October 23, 2008 at $55.50/lb.

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