Tag: India: Ferro vanadium prices continue upward momentum w-o-w on tight supplies
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India: Ferro vanadium prices continue to rise w-o-w on tight supplies
Indian ferro vanadium (FeV 50%) prices rose by INR 11,700/t ($136/t) w-o-w to INR 1,095,700/t ($12,742/t) ex-Raipur, on tight supply and limited domestic output. Sources cite reduced imports due to slight increase in global prices and logistical delays. Consumption from the alloy and special steel sectors remains stable. Producers face challenges securing vanadium pentoxide (VāOā ),…