Tag: India: Ferro vanadium prices decline amid weak steel mill procurement

India: Ferro vanadium prices decline due to weak downstream procurement

Jun 24, 2026

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by

T Bhavani

in Fines/Lumps

Weak steel demand dampens ferro vanadium trade Producers hold on to offers amid margin pressure Indian ferro vanadium prices fell by INR 46,500/t ($492/t) w-o-w to INR 1,351,500/t ($14,312/t) ex-works Raipur in the week ended 24 June 2026. The decline was driven by lower steel mill bidding prices, subdued spot demand and weak raw material…