Tag: Indian ferro vanadium market trends

Ferro vanadium (FeV 50%) prices in India declined slightly by INR 3,000/t ($34/t) w-o-w to INR 1,135,000/t ($12,834/t) ex-Raipur as inventories rose and demand from the special steel sector remained subdued. Additional pressure came from steady import arrivals, cautious buying sentiment, and limited spot inquiries, all of which contributed to the weakness in domestic prices.