Indian ferro vanadium (FeV 50%) prices rose by INR 11,700/t ($136/t) w-o-w to INR 1,095,700/t ($12,742/t) ex-Raipur, on tight supply and limited domestic output. Sources cite reduced imports due to slight increase in global prices and logistical delays. Consumption from the alloy and special steel sectors remains stable. Producers face challenges securing vanadium pentoxide (V₂O₅), further tightening availability and supporting price momentum.
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