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European FeV Prices Drift Down; Disagreement over Future Direction

Monday, June 16, 2014
Source:ferro-alloys.com

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Keywords:FeV ferrovanadium vanadium pent oxide vanadium nitrogen alloy

[Fellow]Ferro-vanadium prices drifted down slightly in Europe on Friday June 13 on generally weak sentiment ahead of the traditional summer slowdown.

Ferro-vanadium prices drifted down slightly in Europe on Friday June 13 on generally weak sentiment ahead of the traditional summer slowdown.

Several market participants reported lower numbers over the course of the week, pushing European quotation down 10 cents on the top end to $26.50-26.90 per kg. "I've seen some very low numbers indicated out of China, which is going to bring the market down [eventually]," a trader said.

[Editor:Mango]

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