Chinese ferro-vanadium exporters held their offer prices steady amid increased buying interest, while European ferro-vanadium prices continued their ascent on supply concerns.
Chinese ferro-vanadium prices stabilized amid spike in trading buying interest European ferro-vanadium prices continue rebound on thinning available inventories US ferro-vanadium market slightly softer on sluggish spot demand The Chinese vanadium export market was relatively stable in the week to Friday June 1 with several spot deals heard. Metal Bulletin's assessment for ferro-vanadium min 78% prices fob China was unchanged week on week at $63-66 per kg on Thursday May 31. Two deals for one container and 10 tonnes were reported to Metal Bulletin as closing at $63 and $66 per kg respectively. "I quoted $65 [per kg] to a buyer one week ago, but heard that the buyer got the cargo from other supplier at lower level. This week, I...