VANADIUM SNAPSHOT: Profit-taking intensifies amid slow demand

August 24, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in London on Friday, August 20.


Key drivers

The European ferro-vanadium price weakened in the week to Friday August 20, with traders offering material at lower prices in a bid to reactivate the market and secure sales amid a slowdown in end-user inquiries. The reduction came after a period of continuing low demand and thin trading during summer doldrums.A tender in Turkey for 40 tonnes, which took place on August 18,...

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