Vanadium Market Report May 2013

Chinese vanadium product prices hit a floor during the middle of April and in May the prices rebounded slightly, but due to slow demand from steel mills, overall demand for vanadium products remained weak. In late May, vanadium product prices became stable, although some vanadium products did give in to the slow demand and prices decreased slightly.Asian Metal CopyrightChinese vanadium product prices hit a floor during the middle of April and in May the prices rebounded slightly, but due to slow demand from steel mills, overall demand for vanadium products remained weak.Asian Metal Copyright There is a pessimistic outlook towards the market trend in June and it is more likely for vanadium prices to go down with weak demand.