www.ferroalloynet.com: In May, the market price of ferrovanadium continued to decline, but the price decline gradually slowed down. The actual market transactions improved compared with last month. At the end of the month, the market was more active and the purchase was relatively active. It is expected that the price will stop falling temporarily. Some enterprises hold positive attitude to the market, but it is still weak in a short time.

According to the incomplete statistics of 37 ferrovanadium enterprises, there are about 18 enterprises in production, with a operating rate of about 48.6%, unchanged from the previous month. While the output is about 3,800 tons, an increase of 280 tons from previous month.

Product
Operating rate
Change MOM
Output(Ton)
Change MOM(Ton)
Ferrovanadium
48.6%
3720
+280

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