BEIJING (Asian Metal) 24 Mar 20 – According to statistics from Asian Metal Database, Chinese ferrovanadium producers’ operating rate reached 31.76% in February 2020, up by 16.7% compared with 27.22% in January 2020 and up by 18.5% compared with 26.81% in February 2019.

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

According to the following graph, in February, the operating rate of ferrovanadium producers in Hubei, Sichuan, Taiwan, Liaoning and Hebei was 0%, 53.54%, 24.59%, 34.75% and 12% respectively. In particular, the figures in Hubei, Taiwan and Hebei sufffered declines MOM while the figures in Sichuan and Liaoning saw increases MOM.

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

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