Indian ferro vanadium (FeV 50%) prices remained firm w-o-w at INR 1,074,000/t ($12,545/t) exw-Raipur. This price stability is attributed to continued weak demand for special steel, leading to production based only on specific requirements. Additionally, buyers had adequate inventory, which reduced their urgency to purchase. As a result, the market remained steady, with limited price movements observed.
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