Date: Aug 6, 2018

BEIJING (Asian Metal) 6 Aug 18 – Zenith Steel Group Company Limited completed bidding to purchase 60t of vanadium-nitrogen alloy with the final purchasing price of RMB420,000/t (USD79.85/kg V) Inc-VAT delivered D/A six months, up by RMB8,000/t (USD1.52/kg V) than last purchase, which laid a solid foundation for Chinese vanadium-nitrogen alloy prices to keep at high level.

The company last purchased 30t of vanadium-nitrogen alloy at RMB412,000/t (USD78.33/kg V) Inc-VAT delivered D/A six months on July 18.

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