Global vanadium market started to slide

Date: Dec 10, 2018

www.ferroalloynet.com: On December 7, European ferrovanadium prices dropped to 103(-2)-110 $/kg V, equivalent to Chinese FeV50 at 353800(↓6900)-377900 rmb/ton; and European vanadium pentoxide prices slumped to 23.5(↓5)-24(↓5) $/lb V2O5, equivalent to Chinese V2O5 98% flake at 348800(↓74200)-356200(↓74200)rmb/ton; American ferrovanadium prices fell to 52(↓2.5)-55(↓1) $/lb V. As Chinese vanadium market has been slumpinig, European vanadium market also started to drop.

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