Tag: India: Ferro vanadium prices softens w-o-w amid demand pressures and cost shifts
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India: Ferro vanadium prices soften w-o-w amid demand pressure, lower costs
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…