AM Stats: Chinese Vanadium Nitride Producers’ Operating Rate up by 12.5% MOM in Jun

BEIJING (Asian Metal) 17 Jul 19 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ operating rate reached 42.4% in June 2019, up by 12.5% compared with 37.7% in May 2019 and up by 4.1% compared with 40.74% in June 2018. 

According to the following graph, in June, the operating rate of vanadium nitride producers in Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan, Henan and Xinjiang was 16.36%, 36%, 45.97%, 48.12%, 68.06%, 61.25% and 40% respectively. In particular, the figures in Shaanxi, Hubei and Xinjiang saw increases MOM while the figures in Jiangsu, Jiangxi, Sichuan and Henan remained unchanged MOM.