South Korean Ferrovanadium Prices Up

BEIJING (Asian Metal) 15 Mar 22 – Due to the tight supply and active inquires in spot market, South Korean ferrovanadium 80%min market saw bullish mentality during the past week. Currently, the mainstream prices of South Korean ferrovanadium 80%min stand at USD59.5-60/kg V in port of Busan, up by USD5/kg V from early last week. As few suppliers have inventory pressure now, insiders believe that the mainstream prices of South Korean ferrovanadium 80% would move up further.

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