Indian ferro vanadium (FeV 50%) prices remained flat w-o-w at INR 1,095,700/t ($12,810/t) ex-Raipur, driven by unchanged demand trends in the stainless and special steel sectors and consistent procurement cycles from alloy producers. Sources pointed to limited spot trading and adequate inventories across major production hubs. Overall, the market remains cautiously steady, with participants monitoring global vanadium trends, potential policy shifts, and steel demand.
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