European Ferrovanadium Market Stalls Amid Slow Spot Trading

www.ferroalloynet.com: According to the data, the spot price for European ferrovanadium was $34.80-36.50/ kg on May 31, which was the same as the mid-week assessment on May 29, but higher than $32.15-36/ lb on May 24.

The European ferrovanadium market has stalled because of the weekend holidays in Europe. “With Thursday’s (May 30) holiday, the market has basically stalled,” a supplier source said. Activities are expected to return to normal levels in the next week.

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