Tag: India: Ferro vanadium prices decline further as weak buying keeps sentiment pressured

Weak special steel demand from mills weighs on prices Comfortable inventories keep market under pressure Indian ferro vanadium (FeV 50%) prices fell by INR 30,500/t w-o-w to INR 1,244,000/t ($13,424/t) on 9 September. Weak special steel procurement by the mills and comfortable availability continued to pressure sentiment. However, Chinese ferro vanadium market sentiment provided limited…