AM Stats: Chinese Vanadium Nitride Producers’ Operating Rate Up By 28.3% YOY In Apr

BEIJING (Asian Metal) 15 May 20 – According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ operating rate reached 45.18% in April 2020, up by 3.6% compared with 43.59% in March 2020 and up by 28.3% compared with 35.21% in April 2019.

According to the following graph, in April, the operating rate of vanadium nitride producers in Liaoning, Fujian, Jiangsu, Jiangxi, Shaanxi, Hubei, Sichuan and Henan was 30.86%, 60%, 35.45%, 33.75%, 41.46%, 36.28%, 56.84% and 54.86% respectively. In particular, the figures in Liaoning and Hubei suffered declines MOM while the figures in Fujian, Jiangxi, Shaanxi and Henan saw increases MOM, but the figures in Jiangsu and Sichuan remained unchanged MOM.