Shougang Changzhi Steel & Iron Announces Bidding Results for Vanadium Nitride

Date: Apr 09, 2019

BEIJING (Asian Metal) 9 Apr 19 – Shagang Group Anyang Yongxing Iron & Steel Co., Ltd. invited bids for vanadium nitride starting on April 4 to purchase 30t of vanadium nitride, and the final purchase price was RMB245,500/t (USD36,560/t) delivered D/A 180 days.

“Our purchase price for vanadium nitride should be the lowest in the market. I learned that Valin LY Steel purchased 20t at RMB235,000/t (USD34,997/t) delivered D/A 180 days last week, but the price has no reference value as the company purchased non-national standard products,” said the source.

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