HBIS Chengsteel’s High-End Vanadium Product Sales Up by 71% YOY in H1 2019

In the first half of this year, the sales of high-end vanadium products of HBIS Group Chengsteel Company increased by 71% from the same period last year. The company has successfully developed 11 new companies and its products are used in four emerging areas such as bioengineering and chemical medical.The product qualification rate and contract fulfillment rate have been kept at 100%.

At the same time, in order to integrate with the market more closely, the company has set up a joint research and development platform with high-end customers, aiming to develop ferrovanadium 50, ferrovanadium nitride 55, high-grade ilmenite 45% and other products.