The Production For Vanadium Nitride Of Ushine Technology Increases By 20% In 2019

BEIJING (Asian Metal) 26 Dec 19 – Jiangsu Ushine Technology Co., Ltd. produced 1,800t of vanadium nitride this year, up by 20% from last year.

“We produced 1,500t of vanadium nitride in 2018. Of that, we produced 100t for others. This year, we produced 1,800t in total and about 550t are produced for others,” said the source. They are producing for the signed orders now and cann’t accept orders for immediate shipment before January 15. They quote at RMB145,000/t (USD26.9/kg V) EXW D/P at the moment.

Located in Yancheng Jiangsu, with an annual production capaciaty of 2,000t, they are one of the two major producers in Jiangsu.

Currently, mainstream prices of Chinese vanadium nitride stand at RMB146,000-149,000/t (USD27.1-27.7/kg V) EXW D/A 180 days, down by RMB2,000/t (USD0.4/kg V) from last week.