An overall bearish mood has prevailed in most of the noble alloys markets in the first half of the year with some prices now trading at multi-year lows in contrast to record highs hit last year.
The vanadium market fell by the most in percentage terms out of the complex with both ferro-vanadium and vanadium pentoxide prices plummeting by more than 50% since the beginning of the year. Both prices hit all-time highs in the second half of 2018. An uncertain global economic picture and a looming global...