European Ferrovanadium Prices Edge Down

BEIJING (Asian Metal) 16 Sep 22 – Due to the soft demand from terminal users caused by the energy crisis, European ferrovanadium 80%min market mentality stayed weak during the past week. Currently, the mainstream prices of European ferrovanadium 80%min stand at USD30.7-31.2/kg V in warehouse Rotterdam, down by USD0.3/kg V from late last week. Considering that the sufficient supply in spot market continues, insiders expect that the mainstream prices of European ferrovanadium 80%min would edge down in the coming week.

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