www.ferroalloynet.com: This week, some V-N steel mills have delayed bidding, and the information of steel bidding is less. However, according to the inquiries, the price of vanadium-nitrogen alloy decreased by CNY 8,000-10,000/t compared with last week, and that of ferrovanadium decreased by CNY 6,000-8,000/t compared with last week. Traders have low willingness to inquire and steel mills have limited actual orders, and there is a little pressure to store goods. The price of vanadium is weakening. Some traders think it is not the best time to purchase, taking wait-and-see stances. Several steel mills purchase together, and the bidding prices will be more representative.

Company
Products
Price ( CNY/T)
Quantity ( Ton)
Remarks
Kuming Steel
VN16
185200
12
Cash With Tax
Gansu JISCO
FeV50
131500
20
Acceptance With Tax
Liuzhou Steel
FeV50
190000
30
Acceptance With Tax
Gansu JISCO
VN16
182500
30
Acceptance With Tax
183000
10
Shaoguan Steel
VN16
183000
80
Acceptance With Tax
Shougang Changzhi
VN16
182000
30
Acceptance With Tax
One steel mill in Hebei
VN16
179000
60
Acceptance With Tax
Nanjing Steel
FeV50
119900
30
Acceptance With Tax(Incuding bidding fee)

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