Tag: India: Ferro vanadium prices remain largely stable amid cautious market activity

Buyers engage in need-based purchases Higher feedstock costs limit further downside Indian ferro vanadium (FeV 50%) prices declined marginally by INR 1,000/t ($10/t) w-o-w to INR 1,257,000/t ($13,123/t) on 07 October, as cautious buying weighed on spot activity despite elevated vanadium feedstock costs. Cautious procurement weighs on demand Ferro vanadium buying remained selective as consumers…