AM Stats: Chinese Ferrovanadium Producers’ Operating Rate Down by 12.5% YOY in May

BEIJING (Asian Metal) 25 Jun 19 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ operating rate reached 28.52% in May 2019, up by 4.4% compared with 27.31% in April 2019 but down by 12.5% compared with 32.59% in May 2018.

According to the following graph, in May, the operating rate of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 4.67%, 47.32%, 24.59%, 28.67% and 12.41% respectively. In particular, the figures in Hubei and Sichuan suffered declines MOM while the figures in Taiwan and Liaoning saw increases MOM, but the figure in Hebei remained unchanged MOM.