CHINA VANADUM SNAPSHOT: Alloy Prices Continue To Rise On Firm V2O5 Market
Key data from Fastmarkets’ pricing session in China on Thursday December 10.
Key drivers Vanadium alloys suppliers generally either held their offers steady or slightly raised them after realizing that it is difficult to procure vanadium pentoxide (V2O5), the raw material of vanadium alloys, at desired prices. Many mills retreated from the market after having restocked sufficient volumes in the previous week, contributing to relatively thin spot trading last week. Some spot V2O5 suppliers showed limited…
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