Tag: India: Ferro vanadium prices remain range-bound w-o-w on need-based buying

Indian ferro vanadium (FeV 50%) prices saw a marginal drop of INR 4,000/t ($47/t) to INR 1,073,000/t ($12,687/t) w-o-w ex-Raipur. Market sentiment remained subdued due to limited trade, with most special steel manufacturers holding sufficient inventory and making only need-based purchases. On the international front, Chinese vanadium prices remained steady w-o-w at RMB 85,000/t ($11,778/t),…