Ferro vanadium (FeV 50%) prices in India edged down slightly by INR 9,000/t ($102/t) w-o-w to INR 1,138,000/t ($12,845/t) ex-Raipur as persistent stockpiles and subdued procurement weighed on market sentiment. Additionally, lower vanadium pentoxide (V₂O₅) prices in China exerted downward pressure on domestic offers, with suppliers adjusting quotations to remain competitive amid sluggish demand from the alloy and stainless steel sectors.
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