BEIJING (Asian Metal) 21 Feb 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ operating rate reached 27.22% in January 2020, down by 3.6% compared with 28.24% in December 2019 and down by 5.8% compared with 28.91% in January 2019.

Chinese ferrovanadium producers’ operating rate by month from Jan 2019 to Jan 2020 (%)

According to the following graph, in January, the operating rate of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 3.11%, 50.7%, 54.1%, 23.04% and 12.41% respectively. In particular, the figures in Hubei and Liaoning suffered declines MOM while the figures in Sichuan, Taiwan and Hebei remained unchanged MOM.

Chinese ferrovanadium producers’ monthly operating rate by province from Jan 2019 to Jan 2020 (%)

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