Ferro vanadium (FeV 50%) prices in India remained largely steady, with a slight rise of INR 1,000/t ($11/t) w-o-w to INR 1,151,000/t ($13,116/t) ex-Raipur. Trading activity slowed amid muted demand from the special steel sector. Market participants highlighted limited inquiries, while offers remained firm in the absence of strong demand. Similarly, vanadium pentoxide (V₂O₅) prices stayed steady, reflecting market stagnancy and balanced supply-demand conditions.
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