Tag: Indian ferro vanadium prices inch down on weak market demand

  • Indian ferro vanadium prices inch down on weak demand

    Indian ferro vanadium prices inch down on weak demand

    Indian ferro vanadium (FeV) prices inched down by INR 9,250/t ($110/t) w-o-w on Wednesday amid pessimistic market environment. FeV 50% prices were at INR 1,122,000/t ($13,362/t) exw-Raipur (50% prorate). The continual decline in demand for special steels has impacted domestic ferro vanadium prices so far. In the near term, prices may decline further as the…