Deadlocked Vanadium Market With Little Fluctuation In The Short Term Up to now, vanadium market is still in a stalemate atmosphere. Although terminal demand has been boosted, the mainstream price of VN alloy steel bidding has also been slightly increased from 147000 yuan / ton last week to the current 148000 yuan / ton by acceptance. However, in terms of cost, manufacturers are almost still unprofitable production. The price of bulk market is temporarily stable at about 145000 yuan / ton by cash.

At present, VN alloy manufacturers are basically full of orders, and the current spot volume will remain tight in the short term. In the short term, the vanadium price is expected to fluctuate in a narrow range, and the factors that have a great impact on the future market are concentrated on how to price the large-scale vanadium.