Tag: India: Ferro vanadium prices remain steady amid limited acceptance of higher offers

Ferro vanadium (FeV 50%) prices in India remained largely stable, slipping marginally by INR 11,000/t ($124/t) w-o-w to INR 1,147,000/t ($12,929/t) ex-Raipur. The slight decline was driven by limited buyer acceptance of higher offers and steady Chinese vanadium pentoxide prices, which kept overall market sentiment balanced and trade activity subdued.