Chinese ferro-vanadium and vanadium pentoxide (V2O5) offers softened on limited export activity this past week, while the European markets were stagnant on a lack of spot market demand.
Chinese vanadium export activity limited, offering prices slideEuropean vanadium markets inactive, prices flat US ferro-vanadium spot market activity picks up, prices narrow The Chinese ferro-vanadium export market saw a pickup in activity this past week, but the V2O5 export market remained quiet.Metal Bulletin assessed the price for fob China ferro-vanadium min 78% at $65-69 per kg on Thursday May 3, compared with an assessed price of $66-69 per kg a week earlier."I closed one container of the cargo at $65.80 per kg [on April 27] and am offering at $66.50-67," a major exporter told Metal Bulletin. "Domestic demand has improved and I have received around 20 inquiries for vanadium nitride from rebar producers, so I am optimistic about the [Chinese] market going forward," the above source added. A second vanadium exporter also noted a...