Vanadium market is expected to stabilize

Date: Dec 18, 2018 According to market sources, ammionium metavanadate and V2O5 powder manufacturers have low inventories and the cost overhang leads downstream producers in low inventory as well. Vanadium-nitrogen output has been reduced sharply due to the great price reduction. Steel mills take wait-and-see attitude when the prices are  falling, and the midstream vanadium companies are planning to stockpile in winter.

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