Tag: India: Ferro vanadium prices remain steady w-o-w on limited buying

Indian ferro vanadium (FeV 50%) prices remained firm w-o-w at INR 1,100,000/t ($12,576/t) exw-Raipur. Weak downstream demand led to a general reluctance towards procurement. Although there was decent demand from mills, slight drops in steel prices dampened market sentiment. As a result, confidence in the ferro vanadium market remained low, with limited inquiries and continued…