Tag: India: Ferro vanadium market slide amid weak steel mill procurement demand

Soft demand continues to pressure prices Weak spot transactions continue across markets Indian ferro vanadium prices declined by INR 17,000/t ($180/t) w-o-w to INR 1,419,000/t ($15,013/t) ex-works Raipur on 13 May 2026. The market remained under pressure this week as falling steel mill procurement prices, weakening raw material support, and subdued buying sentiment collectively dragged…