8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Yongfeng Iron & Steel announces bidding results for vanadium nitride

2019-04-04 11:52:43   【Print】
BEIJING (Asian Metal) 4 Apr 19 - Yongfeng Iron & Steel Co.Asian Metal Copyright Large-sized producers choose to suspend selling as prices keep going down to below production costs.Asian Metal Copyright, Ltd. under Laiwu Steel Group finished its bidding for vanadium nitride this Tuesday, deciding to buy 140t of the material at RMB258,000/t (USD38,439/t) delivered D/A 180 days.

This price hit a new low in the transaction price trend for vanadium nitride in the current Chinese market, driving many worried suppliers into a hurry of dumping their materials.

Statistics from Asian Metal show that currently mainstream prices for Chinese vanadium nitride stay at RMB277,000-280,000/t (USD41,269-41,716/t) EXW D/A 180 days, down by RMB8,000/t (USD1,192/t) from yesterday. With the fearful sentiment spreading among market participants, some suppliers even accept orders at prices which mean losses just in order to promote sales, leading to continuously dropping transaction prices for vanadium nitride.Asian Metal CopyrightBEIJING Asian Metal 4 Apr 19 - Yongfeng Iron Steel Co.Asian Metal Copyright Large-sized producers choose to suspend selling as prices keep going down to below production costs. Insiders believe that mainstream prices for Chinese vanadium nitride would drop further by RMB20,000/t (USD2,980/t) in the coming week.

.Asian Metal Copyright Large-sized producers choose to suspend selling as prices keep going down to below production costs.Asian Metal Copyright