Top Five Ferrovanadium Producers In December, 2019
| Company | Monthly output(ton) | Rank |
| Pangang Group Xichang Steel&Vanadium Co., Ltd | 1350 | 1 |
| Hegang Chengde Vanadium and Titanium New Material Co., Ltd. | 380 | 2 |
| Jinzhou Xinwanbo Metal Materials Co., Ltd | 300 | 3 |
| Pangang Group Vanadium and Titanium Resources Co., Ltd. | 250 | 4 |
| Chaoyang Boyuan Metal Industry Co., Ltd | 220 | 5 |
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