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

Indian ferro vanadium (FeV 50%) prices remained firm w-o-w at INR 1,074,000/t ($12,538/t) exw-Raipur. The market was balanced, with stable production and minimal overcapacity. Price adjustments were limited due to market elasticity and environmental concerns. Additionally, China’s vanadium pentoxide prices remained unchanged w-o-w at RMB 85,000/t ($11,567/t) amid steady demand, suggesting that Indian production operations…