European Ferrovanadium Prices Drop

BEIJING (Asian Metal) 5 Aug 22 – As most buyers didn’t come back to the market from Summer Holidays yet, European ferrovanadium 80%min market mentality maintained weak during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD33-33.5/kg V in warehouse Rotterdam, down by USD0.5/kg V from late last week. Considering that traders who have inventory prefer to clear as soon as possible but inquiries stay rare now, insiders believe that the mainstream prices of European ferrovanadium 80%min would keep weak in the coming week.

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