January vanadium pentoxide consumption analysis

Date: Feb 8, 2018
www.ferroalloynet.com: According to Ferroalloynet statistics, January vanadium pentoxide output is 7157 tons, including 6957 tons of flake and 210 tons of powder; ferrovanadium output is 3420 tons and vanadium-nitrogen output is 2790 tons.

3420 tons of ferrovanadium (1000 tons of ferrovanadium 80#) should consume 3940 tons of V2O5 flake, 2790 tons vanadium-nitrogen should consume 3961 tons of V2O5. January V2O5 flake exports and the quntity for long-term supply totals about 400 tons. The total vanadium pentoxide consumption should be 8301 tons. Some producers use processed ammonium metavanadate for materials production instead of V2O5, but the demand for V205 still exceeds the supply by 838 tons.

To read full article please click here