AM Stats: Chinese Ferrovanadium Producers’ Operating Rate Down by 21.4% YOY in Mar

BEIJING (Asian Metal) 6 May 19 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ operating rate reached 27.96% in March 2019, up by about 2.4% compared with 27.31% in February 2019 but down by about 21.4% compared with 35.55% in March 2018.

According to the following graph, the operating rate of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 14.8%, 50.7%, 19.67%, 25.31% and 12.12% respectively. In particular, the figures in Hubei, Sichuan and Taiwan suffered declines MOM while the figures in Liaoning and Hebei saw increases MOM.