Tag: India: Ferro vanadium prices exhibit stability as trades remains tepid

Ferro vanadium (FeV 50%) prices eased INR 1,000/t ($11/t) w-o-w to INR 1,131,000/t ($12,632/t) ex-Raipur, driven by subdued procurement and cautious sentiment in the special steel sector. Softening Chinese vanadium pentoxide (V₂O₅) prices further reduced cost support. In the coming days, FeV prices are likely to remain range-bound, with a mild upside possible if domestic…