Vanadium And Nitrogen Quotations Continue To Rebound

www.ferroalloynet.com: At the beginning of the week, vanadium-nitrogen alloy manufacturers had a strong attitude of price rising, and their quotations were mostly 178,000-182,000 CNY/Ton (by acceptance), and mainstream transactions were around 177,000-178,000 CNY/Ton (by acceptance). Supported by the high price of raw V2O5 flake, the low quotations in the vanadium-nitrogen market continue to decrease, but the downstream is generally unwilling to take over the high prices; most trading companies have low expectations for inquiries, and purchases are cautious and wait-and-see sentiment is high. Individual vanadium and nitrogen manufacturers reported that the transaction volume was hundreds of tons at around 174,000-175,000 CNY/Ton in cash, but downstream factories still focused on inquiries or small orders for trial purchases if the price is on the high side.