Monthly Vanadium Market Report Apr 2022

1. Market Highlights

In April, affected by the negative influence of COVID-19 in China, rebar prices moved down a lot due to the soft demand from terminal users and didn't offer effective support for vanadium price. As vanadium alloy market inventory stayed at a much high level, suppliers had to drop their prices to promote sales and vanadium raw material market mentality stayed weak accordingly.Asian Metal Copyright In international vanadium market, due to the energy crisis caused by the conflict between Russia and Ukraine, European steel mills reduced their ferrovanadium 80%min consumption and market inquires stayed rare.Asian Metal Copyright Most insiders held watching attitude for the market tendency.

In international vanadium market, due to the energy crisis caused by the conflict between Russia and Ukraine, European steel mills reduced their ferrovanadium 80%min consumption and market inquires stayed rare. At the same time, as the sanctions against Russia loosened, traders started to drop their prices to promote sales.Asian Metal Copyright At the same time, as the sanctions against Russia loosened, traders started to drop their prices to promote sales.Asian Metal Copyright Vanadium prices kept moving down and market mentality stayed negative.Asian Metal Copyright Most insiders held watching attitude for the market tendency.Asian Metal Copyright Most buyers preferred to delay purchase.Asian Metal Copyright Inquires kept rare.Asian Metal Copyright Inquires kept rare.
.Asian Metal Copyright At the same time, as the sanctions against Russia loosened, traders started to drop their prices to promote salesAsian Metal Copyright