Monthly Vanadium Market Report Jul 2020
2020-08-12 21:17:19 【Print】
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1. Market Highlights
In July, prices of rebar moved up slightly and the profit of most steel mills stay good, which supported vanadium market. Though most suppliers of vanadium pentoxide flake increased their output significantly in July, major suppliers kept their prices firm together, which lead prices of downstream vanadium products keep steady. The mentality of most market players continued solid
In international market, due to the summer holidays, major European ferrovanadium producers reduced their production significantly, which leads prices rebounding. Some buyers who need urgent purchase accepted the rebounding tendency at the end of this month. Though prices of European and American vanadium market both start to rebound, the market demand still keeps soft. Most insiders prefer to watch the market
In July, prices of rebar moved up slightly and the profit of most steel mills stay good, which supported vanadium market. Though most suppliers of vanadium pentoxide flake increased their output significantly in July, major suppliers kept their prices firm together, which lead prices of downstream vanadium products keep steady. The mentality of most market players continued solid
In international market, due to the summer holidays, major European ferrovanadium producers reduced their production significantly, which leads prices rebounding. Some buyers who need urgent purchase accepted the rebounding tendency at the end of this month. Though prices of European and American vanadium market both start to rebound, the market demand still keeps soft. Most insiders prefer to watch the market
