Chinese vanadium exporters experienced increased activity over the past week, while ferro-vanadium tightness continued to bolster prices in the United States and Europe.
Chinese exporters see uptick in activity levels; V2O5 offers up on limited availability European ferro-vanadium market edges upward despite slowed spot market ahead of holidaysUS ferro-vanadium market continues ascent on supply concernsThe Chinese ferro-vanadium export market saw more deals over the past week, with prices unchanged on a weekly basis, but exporters raised their offers for vanadium pentoxide (V2O5) amid low availability.Metal Bulletin's latest assessment for the fob China ferro-vanadium price stood at $68-70 per kg on Thursday March 29, unchanged from the previous week. Meanwhile, the assessment for V2O5 was up to $14.50-15.80 per lb from $14-15.50 per lb one week ago - an increase of 2.7%. "I am offering $69 [per kg] for ferro-vanadium fob...