In early May, HBIS Group Chengsteel directly supplied a famous inorganic pigment manufacturer with its 99.9% high-purity vanadium oxide, which was used to produce high-end metallic car paint for the first time. This supply further developed the application fields of Chengsteel’s high-purity vanadium oxide and increased the vanadium efficiency by over RMB20,000/t (USD2,815/t).

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