[Ferro-Alloys.com]Chinese FeV was offered at RMB48,000-49,000/mt by acceptance. In late month, major steel mills intensively launched bids, but the entire demand didn’t improve much, exerting downward pressure on V alloy procurement.
[Ferro-Alloys.com] Chinese FeV50 was offered at RMB50,000-51,000/mt by acceptance. In late month, major steel mills increased tender volumes, but bids were as low as RMB50,000/mt by acceptance. Overseas FeV price stabilized.
[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB41,000-42,000/mt. Downstream V alloy market couldn’t recover, so most vanadium pent oxide suppliers had to undersell materials.
[Ferro-Alloys.com]Chinese FeV50 was offered at RMB50,000-51,000/mt by acceptance. In late month, major steel mills increased tender volumes, but bids were as low as RMB50,000/mt by acceptance.
[Ferro-Alloys.com] Chinese FeV50 was offered at RMB50,000-51,000/mt by acceptance. In late month, steel mills occasionally purchased several tons, transaction price hitting a new a low to RMB50,500/mt by acceptance.