Tag: India: Ferro vanadium prices remain largely steady w-o-w on improved cost controls

Indian ferro vanadium (FeV 50%) prices were largely stable w-o-w, with a marginal rise of INR 5,400/t ($63/t) to INR 1,078,400/t ($12,629/t) ex-Raipur. Production cuts eased, reflecting improved cost control and operational adjustments. Market participants closely monitored developments, hoping for stabilisation. On the international front, Chinese vanadium prices remained unchanged w-o-w at RMB 85,000/t ($11,795/t),…