Indian ferro vanadium prices declined on 10 Jul’24, with FeV 50% prices at INR 1,205,000/t ($14,432/t) ex-works (50% prorate) diminished w-o-w by INR 50,000 ($599/t), as per BigMint’s assessment. The ferro vanadium market in India took a downtrend this week with sluggish demand and need-based purchases. Meanwhile, a key producer mentioned, “The market operated cautiously and showed hesitance towards higher quotes, hence suppressed the prices.”
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