Tag: India: Ferro vanadium prices softens w-o-w amid demand pressures and cost shifts

Procurement activity remains weak, need-based only Weak steel margins, demand slowdown pressure prices Indian ferro vanadium prices fell slightly by INR 3,000/t ($31/t) w-o-w to INR 1,416,000/t ($14,769/t) ex-works Raipur on 27 May 2026. Prices weakened amid weak demand and a recent easing in raw material costs. However, reduced selling pressure helped form a tentative…