Indian Ferrovanadium Prices Keep Weak

BEIJING (Asian Metal) 19 Dec 22 – Due to the soft demand from terminal users, Indian ferrovanadium 50%min market mentality kept soft during the past week. Currently, the mainstream prices of Indian ferrovanadium 50%min stand at INR1,400-1,430/kg (USD33.9-34.6/kg V) delivered D/P, unchanged from early last week. In view of the rare inquiries in spot market, insiders believe that the mainstream prices of Indian ferrovanadium 50%min would keep weak in the coming week.

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