Few Downstream Transactions, Steel Plants Press Price For Purchase

www.ferroalloynet.com: At present, a new round of steel bidding is in progress. Although the bidding is centralized and the vanadium market quotation is gradually active, the vanadium alloy plants are once again stuck in a deadlock. The price of the screw thread market has fallen with pressure. The steel mills planed to purchase vanadium nitrogen alloy at a low price, and the intended purchase price has been lowered to 142000 yuan / ton with tax by acceptance. Most of the vanadium nitrogen manufacturers say that the price is too low to be transacted, and the price of the raw material V2O5 flake has not been lowered synchronously, so they will not accept the order temporarily and hold wait-and-see attitude.
Today, the mainstream quotation of vanadium market is not fluctuated. The price of V2O5 flake is no less than 93000 yuan / ton with tax by cash, VN alloy price is141000-142000 yuan / ton of , FeV50 price is 97000-98000 yuan / ton. There are few transactions in raw material market, and most manufacturers focus on the alloy bidding prices from the steel plants. The transaction of alloy end is insufficient. The intended purchase price of VN alloy from some traders is no more than 140000 yuan / ton by cash, and the purchase price of FeV50 is 96000 yuan / ton. The upstream and downstream market are stagnant and weak.