VN alloy prices have skyrocketed by 120000 rmb/ton within one month

Date: Jul 04, 2018 At the beginning of July, vanadium-nitrogen market continues to be tight in supply and to be firm in price. Most vanadium-nitrogen factories don’t want to give offers when their inventories are limited. Meanwhile, lacking of vanadium pentoxide flake, they are unable to remain normal production. The steel mills’ tenders are on the way, so the demand for vanadium-nitrogen increases. With all kinds of good news, vanadium-nitrogen market prices have soared 120000 rmb/ton within one month.

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