Hebei Steel Finishes Bidding For Vanadium Nitride

BEIJING (Asian Metal) 5 Sep 19 – Hebei Iron And Steel Group Co. LTD finished its bidding for vanadium nitride on September 2. They bought 190t at RMB198,000/t (USD36.0/kg V) Inc-VAT delivered D/A 180 days.

The bidding price is in line with market expectations, which strengthened the market confidence.

Currently, mainstream prices for Chinese vanadium nitride stand at RMB197,000-200,000/t (USD35.8-36.4/kg V) EXW D/A 180 days, unchanged from this Wednesday.