Indian ferro vanadium prices remained anchored on 31 Jul’24 as the market persisted consistency without any variations. FeV 50% prices stood at INR 1,174,000/t ($14,020/t) exw-Raipur (50% prorate). After minimal downtrends from the last two weeks, the market for ferro vanadium remained silent with only need-based purchases that happened. The price stagnancy is due to the subdued demand for special steels, sources informed.
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