Bidding Price Of Vanadium Nitrogen Alloy Goes Down

www.ferroalloynet.com Yesterday, the purchase price of ZENITH and Shaogang was 147000 yuan / ton with tax, which was 2000 yuan / ton lower than the purchase price of Anhui Yangtze on Tuesday. ZENITH planned to bid 200 tons, but failed. The actual purchase volume was 110 tons, and Shaogang 80 tons. VN alloy manufacturers supply under pressure, grasping the centralized purchase of steel mills at the beginning of the month, to prevent light market demand in the middle of the month. Of course, some manufacturers offer firm prices, less than 148000 yuan / ton by acceptance, unwilling to supply. In the bulk market, the low price of VN alloy is 145000 yuan / ton by cash, and 94500 yuan / ton in V2O5 flake. There are not many stocks.

At the beginning of the month, the bidding for VN alloy is relatively concentrated. A steel mill in Shandong is expected to offer a price today, so as Jiugang, Hebei Xinxing cast pipe, Shagang and other steel mills. It is expected that the latest steel bidding price will be used as a reference, the trend of vanadium price is weak.

www.ferroalloynet.com