European Ferrovanadium Prices Drop

BEIJING (Asian Metal) 29 Apr 22 РAs Russia resumed the supply to Europe despite the economic sanctions, European ferrovanadium 80%min market mentality kept negative during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD45-45.5/kg V in warehouse Rotterdam, down by USD2/kg V from late last week. Considering that the market demand stays soft, insiders believe that that the mainstream prices of European ferrovanadium 80%min would drop to around USD43/kg V in the coming week.

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