Ferrovanadium Prices Recovering, Says Evraz Highveld CEO

Battery Metals

Mining Weekly reported that Evraz Highveld CEO Mike Garcia said that ferrovanadium prices are improving after a relatively weak start this year.

Mining Weekly reported that Evraz Highveld Steel and Vanadium Ltd. (OTC Pink:HGVLY) CEO Mike Garcia said that ferrovanadium prices are improving after a relatively weak start this year.

As quoted in the market news:

“The price continued to soften in the early parts of 2012, but has started to recover in the last few weeks and the price has moved back above $25/kg,” CEO Mike Garcia said.

Demand for high-strength microalloyed steel would continue to grow and vanadium remained the preferred microalloy for use by steelmakers, he added.

Click here to read the full Mining Weekly report. 

The Conversation (0)
×