Ferro vanadium (FeV 50%) prices in India remained largely steady with a marginal rise of INR 5,250/t ($60/t) to INR 1,121,250/t ($12,777/t) ex-Raipur, with the market stable amid limited trades. Domestic demand was subdued, driven by need-based buying and weak special steel output. Chinese sentiment remained cautious due to sluggish steel mill procurement. Global market inactivity continued to cap price movement, keeping the outlook broadly range-bound.
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