Vanadium Market Fluctuated Little In The Middle Of The Month
www.ferroalloynet.com: By the middle of the month, the spot market activity of vanadium alloy decreased, and the market transactions decreased. The manufacturers who received orders during the bidding process produced and supplied goods, and the manufacturers with inventory kept firm quotations and watched the market. At present, the consumption of vanadium alloy in China was insufficient in the past round of bidding. After the bidding of steel plants, there was still a certain amount of inventory, waiting for slow consumption in the later market. These manufacturers were more cautious about purchasing raw materials. Large factories who have long-term agreement maintain the orders signing, while the bulk raw materials tend to weaken.