South Korean Ferrovanadium Market Sees Bullish Mentality

BEIJING (Asian Metal) 25 Mar 22 – Due to the tight supply in spot market, South Korean ferrovanadium 80%min market witnessed bullish mentality during the past week. At present, the mainstream prices of South Korean ferrovanadium 80%min stand at USD60-60.5/kg V in port of Busan, up by USD0.5/kg V from early last week. Considering that few suppliers have inventory pressure now, insiders believe that the mainstream prices of South Korean ferrovanadium 80% would keep firm in the coming week.

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