Demand from steel mills is weak and vanadium is in short supply
Date: Mar 15, 2019
www.ferroalloynet.com: This week, several large steel bidding prices of vanadium keep low, factories are lack of confidence. Traders are positive of selling goods , to prevent vanadium prices continue to decline. In the short term, steel demand is weak,while terminal steel stock is much. But with the warming of the climate, steel consumption has gradually increased, steel demand for vanadium will also gradually upward, besides, rebar steel price are recently upward, steel market can be expected.
