Tag: Indian ferro vanadium prices stay stagnant on poor demand

On 28 Aug’24, Indian ferro vanadium (FeV) prices declined w-o-w by INR 18,750/t ($223/t), reflecting a bleak market outlook. FeV 50% prices were at INR 1,131,250/t ($13,474/t) exw-Raipur (50% prorate) amid continued weak demand. A major producer indicated that prices might decline further due to the recent removal of import duties on raw materials, which…