Vanadium-Nitrogen Alloy Steel Bidding Price Maintains Stability Before National Day

www.ferroalloynet.com: At present, the mainstream transaction price of V2O5 flake is CNY 128,000-129,000/t by cash, and it’s hard to make deals at CNY 130,000/t, some deals are made at the price of CNY 126,000/t. The vanadium-nitrogen alloy tenders are becoming more and more, traders and manufacturers sell good under pressure. The acceptance price of V2O5 flake by large factories is CNY 132,000/t, the cost of vanadium-nitrogen alloy is not less than CNY 195,000/t. The tender price of the manufacturer is CNY 197,000-200,000/t. Approaching to the National Day, although most steel mills will purchase in advance, the total volume as not increased significantly. The terminal demand is relatively stable, the market supply of vanadium products is also sufficient, and vanadium prices are difficult to have an upward trend.

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