Tag: India: Ferro vanadium prices fall amid weak demand

Ferro vanadium (FeV 50%) prices in India edged down slightly by INR 9,000/t ($102/t) w-o-w to INR 1,138,000/t ($12,845/t) ex-Raipur as persistent stockpiles and subdued procurement weighed on market sentiment. Additionally, lower vanadium pentoxide (V₂O₅) prices in China exerted downward pressure on domestic offers, with suppliers adjusting quotations to remain competitive amid sluggish demand from…