AM Stats: Chinese Ferrovanadium Producers’ Operating Rate Up By 12.2% YOY In Apr

BEIJING (Asian Metal) 2 Jun 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ operating rate reached 30.63% in April 2020, up by 6.9% compared with 28.65% in March 2020 and up by 12.2% compared with 27.31% in April 2019.

04/2019-04/2020 Chinese ferrovanadium producers’ operating rate by month (%)

According to the following graph, in April, the operating rate of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 5.14%, 58%, 19.67%, 23.24% and 12% respectively. In particular, the figures in Sichuan and Liaoning saw increases MOM while the figures in Hubei, Taiwan and Hebei remained unchanged MOM.

04/2019-04/2020 Chinese ferrovanadium producers’ monthly operating rate by province (%)