Vanadium-nitrogen market settles down

Date: Dec 27, 2018 Chinese vanadium market is gradually stabilizing. Vanadium-nitrogen is trading in a range of 320000-350000 rmb/ton with tax by cash and the trading volume is rising. Thus, the suppliers show more reluctance of selling at lows and have more confidence about the future market. Recently SISG Laiwu Steel, and Shagang intend to purchase vanadium-nitrogen. FerroAlloyNet predicts that vanadium prices will continum stability in short term and vanadium-nirogen bidding prices may not be lower than 300000 rmb/ton.

To read full article please click here