Indian ferro vanadium prices fell marginally on 3 Jul’24, with FeV 50% prices at INR 1,255,000/t ($15,024/t) ex-works (50% prorate) dropped w-o-w by INR 25,000 ($299/t), as per BigMint’s assessment. The ferro vanadium market witnessed a slowdown this week with declining raw material prices and subdued demand. Current market outlook reflects stability with cautious purchasing sentiment in the short term.
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