Vanadium demand is not largely increased in spite of supply shortage

Date: Jan 12, 2018 A major producer quotes V2O5 flake at 182000 rmb/ton (acceptance, tax inclusive), pushing V2O5 flake market prices further higher. The supply shortage of V2O5 flake improves,but market players become more cautious at higher price. Rebar prices are in decrease recently, while vanadium-nitrogen prices are changeable and stand at highs, so som steel mills replace vanadium-nitrogen with ferroniobium. The demand for vanadium-nitrogen decreases at some extent.

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