www.ferroalloynet.com: Last week, the price of upstream and downstream vanadium products increased slightly in China, and the market was strong. Under the condition that the price of upstream raw materials did not change much, the downstream ferrovanadium and vanadium-nitrogen alloy gradually increased, so as to get rid of the cost upside down and strive for profit space. In the first week after the Labor Holiday, the bidding price of steel plants performed well, and the inquiry was active. The price increase stimulated the entry of traders to purchase. The market remained active near mid May.
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