Vanadium Market Is Deadlocked Again, Actual Transaction Slows Down
www.ferroalloynet.com: There is a strong wait-and-see atmosphere in the vanadium market, and both the supply and demand sides continue to see a stalemate. The vanadium-nitrogen alloy transaction was weak and stable at 163,000-166,000 CNY/Ton (by acceptance), and the actual transaction volume was relatively small except for steel bids; cost pressures were still there, and some manufacturers who placed orders were reluctant to accept orders at low prices. The transaction of ferrovanadium continued to be stable, and the mainstream transaction was 118,00-120,000 CNY/Ton (by acceptance). Due to the lack of recent transactions, the high price in the market decreased.