Nanjing Iron & Steel bidding results for ferrovanadium lays solid foundation for price increase in Chinese ferrovanadium market

Date:Jun 26, 2018

BEIJING (Asian Metal) 26 Jun 18 – Nanjing Iron & Steel Co., Ltd. opened bidding on 25 June to purchase 30t of ferrovanadium 50%min and its final purchase price came out to be RMB225,500/t (USD68.96/kg V) In-VAT delivered D/A six months, which laid solid foundation for trend in Chinese ferrovanadium market and contained disordered development of ferrovanadium prices.

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