Ferro-vanadium Prices On the Rise

Aug. 28, 2013 11:23AM PST

Sources told MetalBulletin on Aug. 28 that ferro-vanadium is no longer available in Europe at prices below $26 per kg, delivered.

As quoted in the market news:

“The first offer is at $26, the next is at $26.10 and so on, until everybody offers $26.50 for 10 tonnes in the end,” a trader said. “There’s less material around, but there’s not really any demand. If we get a bit more demand, prices could go up further,” he added.

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