Chinese Vanadium Nitride Prices Firm

BEIJING (Asian Metal) 1 Feb 23 – Supported by firm raw material prices, Chinese vanadium nitride market mentality keeps positive for the moment. Currently, the mainstream prices of Chinese vanadium nitride stand at RMB196,000-198,000/t (USD37.5-37.9/kg V) delivered D/A 180 day, unchanged from two weeks ago. Considering that major steel mills started to purchase by bulk after the Spring Festival Holiday, insiders believe that the mainstream prices of Chinese vanadium nitride would edge up in the coming week.

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