Analysis on Ferrovanadium Operating Rate and Output in April
www.ferroalloynet.com: During the recovery of vanadium price after steel bidding in April, ferrovanadium factories still have profit space even if they take the CNY 170,000/t vanadium flake from large factories. Many ferrovanadium factories in Jinzhou have increased production to varying degrees. Therefore, the overall output of ferrovanadium in April is higher than that in March. At present, vanadium market has a certain cost pressure on enterprises, so most ferrovanadium enterprises have stock problems at the end of the month.
According to the incomplete statistics of 37 ferrovanadium production enterprises, there are about 18 enterprises in normal production, the operating rate of enterprises is about 48.6%, the output is about 3720 tons, 285 tons more than the that of last month.
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Product
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Operating rate(%)
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Change(%)
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Output(Ton)
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Change(Ton)
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Ferrovanadium
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48.6%
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—
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3720
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↑285
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