Ferro-vanadium prices remained under pressure during the week to Friday March 26, with traders taking profit ahead of the end of the quarter amid a slowdown in end-user inquiries, market sources said.
The market had been supported since the start of the year by tight prompt inventories and better-than-expected end-user demand, but prices have eased over the past two weeks amid a slowdown in spot market activity, market sources said."It looks like buyers want to close the quarter with low stocks and high cash," a...