European Ferrovanadium Develops Steadily And Moderately
www.ferroalloynet.com: The price of vanadium in Europe is stable and relatively strong, among which European ferrovanadium is 38.15 (up 0.4)-39.21 (down 0.15) USD/Kg V, equivalent to the price of ferrovanadium50 about 128,600-132,100 CNY/Ton; European vanadium pentoxide is 10-10.51 USD/Lb, equivalent to vanadium pentoxide98% about 145,600-153,000 CNY/Ton; U.S. Ferrovanadium is 18-19 USD/Lb V, equivalent to the price of ferrovanadium50 about 133,700-141,200 CNY/Ton.
According to some foreign businessmen, the spot resources of vanadium products in the European market are relatively tight at present. The main reason is that most of the Russian evraz goods have been transferred to China this year. Therefore, foreign businessmen are optimistic about the European market and are bullish in the short term.
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