AM Stats: Chinese Vanadium Nitride Producers’ Operating Rate Down by 9.5% YOY in May

BEIJING (Asian Metal) 18 Jun 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ operating rate reached 38.29% in May 2019, down by 2.4% compared with 39.24% in April 2019 and down by 9.5% compared with 42.29% in May 2018.

According to the following graph, in May, the operating rate of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan and Xinjiang was 16.36%, 36%, 36.77%, 37.66%, 68.06%, 61.25% and 31.11% respectively. In particular, the figures in Jiangsu, Shaanxi and Hubei suffered declines MOM while the figures in Jiangxi, Sichuan and Henan saw increases MOM, but the figure in Xinjiang remained unchanged MOM.

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