2012 Annual Report on Vanadium Market
2013-05-08 15:56:19 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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The whole vanadium market experienced a price decrease in the first three quarters and a price rise in the last quarter of 2012. The Chinese vanadium products prices kept decreasing in the first half of 2012 due to the slow demand and then got into the worst situation in the Q3 with a lower price running for two months. At the beginning of October, the demand for vanadium nitride which is the raw materials of Rebar HRB400 started to increase supported by the policy “Fast track Application of high-Strength Steel instruction Guidance” and the price continued increasing with a strong tendency from the end of Q3 until the end of the year. Other vanadium products prices were driven up accordingly. Although the vanadium products prices increasing sharply, participants still hold a wait-and-see attitude towards the future market. At the same time, oversea vanadium market was still suffering from the slow demand due to the sluggish economy. What’s more, as the supply in oversea market was still over large, it is the focus for all the vanadium participants that whether the vanadium market can keep firm or not.
