Tag: India’s ferro vanadium prices nudge up on raw material support w-o-w

Indian ferro vanadium (FeV 50%) prices remained mostly stable, inching up by INR 8,000/t ($91/t) w-o-w to INR 1,098,000/t ($12,546) ex-Raipur. The slight uptick was supported by firm vanadium pentoxide (V2O5) sentiment amid constrained supply. Globally, FeV prices showed mild strength, driven by steady alloy demand and tightening raw material availability in key producing regions.