Vanadium-Nitrogen Alloy Prices Continue To Fall Due To The Weak Demand
www.ferroalloynet.com: Some medium and large scale steel mills have delayed bidding, and the market demand for vanadium-nitrogen alloys is weak. Major vanadium-nitrogen alloy manufacturers continued to suspend their quotations, and some small factories’ quotations were once again lowered to 189,000-193,000 CNY/Ton by acceptance. Some manufacturers reported that the current state of vanadium-nitrogen is obvious, and it is difficult to make a deal under the condition of weak demand. Most ferrovanadium manufacturers also indicated that there are few new downstream orders recently, but under the pressure of cost, the quotations of ferrovanadium plants have remained stable, and the transaction is still about 139,000-140,000 CNY/Ton by acceptance.