Indian ferro vanadium prices range-bound on cautious market operations

Indian ferro vanadium prices remained largely stable on 17 Jul’24, with slightly fall w-o-w by INR 8,400 ($101/t), FeV 50% prices stood at INR 1,196,600/t ($14,320/t) ex-works (50% prorate) as per BigMint’s assessment. The ferro vanadium market in India took a slight downtrend this week with no major movements in the market. Meanwhile, the demand remained subdued which suggests a cautious market outlook.