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Major Chinese SOE Partners with
Canadian Junior on Vanadium Project

The bidding prices of vanadium alloys are increased


Date: Mar 13, 2018
www.ferroalloynet.com: Steel mills’ biddings are on the way and some of them are yet to finalize the bidding prices. Ferrovanadium┬áprices stand at about 195000 rmb/ton (acceptance, tax inclusive), while the manufacturers quote at about 200000 rmb/ton with low availability of raw materials. Steel mills are reluctant to accept high offers, traders don’t want to purchase too large quanotities of materials and Zenith steel’ bidding price is yet to come out, thus market participants mostly keep wait-and-see.

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