The European ferro-vanadium market has shown renewed signs of life over the past week, with prices beginning to rebound amid a return of consumer interest in the spot market, while Chinese export prices remained flat on a lack of interest among overseas buyers.
Chinese export markets continue flat on buyer inactivity EU FeV market sees bump on return of consumer demand US FeV spot market continues to see limited interest.Export prices for ferro-vanadium and vanadium pentoxide (V2O5) were unchanged week-on-week on Tuesday September 4, and deals were sparse in China's export market, because overseas buyers have not come back for purchases.Metal Bulletin's latest price assessment for ferro-vanadium, min 78%, fob China, was $79-82 per kg on August 30, unchanged since August 16."Domestic prices rebounded recently because of the positive outlook for the following two months, ahead of the implementation of a new rebar standard in November," an exporter told Metal Bulletin.Rebar producers in China will definitely stock up on ferro-vanadium before November because of the requirements of the new rebar...