Unclear market trend leads vanadium participants to be wait-and-see

Date: Mar 28, 2018

www.ferroalloynet.com: With unclearness about the bidding prices, most market participants take wait-and-see attitude. Steel mills also remain wait-and-see as alloy prices are too high, increasing the cost of steel, while steel prices are in decrease. Vanadium opearating rate and output stand at lows, and the supply remains to be tight.

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