Low Operating Rate Of Domestic Vanadium Plants With Limited Logistics

www.ferroalloynet.com Affected by the development of the epidemic, traffic control has been strengthened all over the country, some areas are only unable to enter, and raw materials purchased by alloy factories are simply unable to reach the destination. Several new vanadium nitrogen alloy plants were shut down this week. Some alloy plants have vanadium in stock, but the local government failed to approve the application for resumption of work. It is difficult to return to work in a short period of time, only to wait for the relevant notice from the government.

At present, the operating rate of ammonium metavanadate production enterprises is almost 0. There are only a handful of ferrovanadium factories that are in normal operation. Some vanadium and nitrogen alloy manufacturers are about to run out of raw materials due to the lack of raw materials purchased before the festival, and the raw materials purchased from other places are unable to enter, and the number of new manufacturers that stop production is increasing. At present, the normal production and operation of Chenggang of Pangang has tightened the overall market supply. Since last week, the price has been rising slightly. The international vanadium price has been on the upward trend. In the short term, the vanadium price will be better.