Tag: India: Ferro vanadium prices slide w-o-w amid market inactivity

Indian ferro vanadium (FeV 50%) prices dropped by INR 20,000/t ($233/t) to INR 1,080,000/t ($12,558/t) ex-Raipur this week amid weak demand and sufficient availability. Market participants cite falling Chinese vanadium pentoxide prices as a key pressure point. “Deals are scarce as buyers expect further corrections,” said a trader. Stock levels are high, and buying interest…