Indian ferro vanadium (FeV 50%) prices inched down w-o-w by INR 6,000/t ($69/t) to INR 1,090,000/t ($12,552/t) exw-Raipur. Acceptance for higher quotes was absent amid need-based purchases, especially with subdued demand for special steel. Meanwhile, the stability in Vanadium pentoxide prices also contributed to the overall price stability.
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