Tag: India: Ferro vanadium prices remain firm on market stagnancy

  • India: Ferro vanadium prices remain firm on market stagnancy

    India: Ferro vanadium prices remain firm on market stagnancy

    Indian ferro vanadium (FeV 50%) prices remained unchanged w-o-w at INR 1,125,500/t ($13,336/t) exw-Raipur amid moderate activity. Transaction volumes were steady, with traders showing cautious interest, while manufacturers were focused on managing costs, which made price reductions challenging. Participants remain in a wait-and-watch mode, which has led to a lack of movements in supply and…