Analysis On Domestic Vanadium Market On May 15
www.ferroalloynet.com: In recent two days, there is sporadic bidding from steel plants, and the heat of supplementary bidding have gone, and the activity of spot circulation in vanadium market has also decreased. The long-term price hanging upside down of alloy products has caused the concern of hoarders. After a considerable profit space in recent days, they are in a hurry to sell. At present, the upstream and downstream vanadium products have risen and adjusted to the situation of profit. To ensure the stability of this situation, vanadium enterprises need to reduce excessive operation, and let the steel plant demand boost gradually guide the market.