Date:Jul 26, 2018

BEIJING (Asian Metal) 26 Jul 18 – Hebei Jingye Iron & Steel Co., Ltd. completed bidding to purchase 25t of vanadium-nitrogen alloy with the final purchasing price of RMB420,000/t (USD80.64/kg V) delivered D/P, up by RMB10,000/t (USD1.92/kg V) from last purchase, which hits the historical high of steel mills’ purchase prices this month, and lays a foundation for vanadium prices to remain at high level.

The company last purchased 10t of vanadium-nitrogen alloy at RMB410,000/t (USD78.72/kg V) delivered D/P on July 3th.

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