Zenith Steel announces bidding results for vanadium nitride

Date: Oct 16, 2018

BEIJING (Asian Metal) 16 Oct 18 – Zenith Steel Group Company Limited completed bidding to purchase 50t of vanadium nitride with the final purchasing price of RMB775,000/t (USD145.39/kg V) Inc-VAT delivered D/A six months, up by RMB33.5,000/t (USD62.85/kg V) or 84.5% from last purchase in a month.

The purchasing price hit the record high, promoting the increase of vanadium products prices.

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