Tag: India: Ferro vanadium prices strengthen following deal concluded at elevated levels

Cost pressure and deal support lift prices Cautious demand may moderate further price gains Indian ferro vanadium prices increased by INR 36,000/t ($378/t) w-o-w to INR 1,436,000/t ($15,064/t) ex-works Raipur on 6 May 2026. The increase was driven by a recently concluded deal at an elevated level, reflecting improved market sentiment and stronger pricing traction.…