Vanadium Consumption Analysis In Jun 2020 to the incomplete statistics of ferroalloynet, in June 2020, the output of V2O5 in the vanadium market is about 9325 tons, including 8730 tons of V2O5 flake and 595 tons of V2O5 powder; 3805 tons of FeV and 5526 tons of VN alloy.

Serial number Product Conversion rate Output Converted output
1 FeV50→V2O5 flake




2 FeV80→V2O5 flake




3 VN→V2O5 flake



According to the calculation in the figure, the output of ferrovanadium is 3805 tons, of which ferrovanadium80 is about 840 tons. The total consumption of V2O5 flake should be about 4094 tons. The conversion of 5526 tons of VN alloy into V2O5 is about 7825 tons, and the consumption of vanadium oxide by ferrovanadium and VN alloy is about 11919 tons. Due to the downturn of the chemical industry, the amount of ammonium metavanadate flowing to the metallurgical industry increased in June, accounting for 98% Vanadium is expected to be about 300 tons. In June, part of the export list in the international market, together with the long-term order, is expected to be about 300 tons. The arrival volume of imported vanadium, ferrovanadium and VN alloys in June is expected to be about 400 tons, and the total market consumption is about 12219 tons. The calculated market gap is about 2294 tons.