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Europe vanadium market extended up

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24 Dec 2012
Vanadium products in Europe continue to maintain the positive trend of the market short-term increase in demand for holiday advent pull. Vanadium pentoxide: 5.9 (up 0.1) -6.2 (up 0.1) U.S. $ / lb; ferrovanadium Europe: 27.5 (up 0.5) -28.4 (up 0.2) U.S. $ / kg vanadium; U.S. ferrovanadium: 12.5 (up 0.1) - 13.5 (up 0.1) U.S. $ / lb vanadium. The domestic market last week as a whole to maintain the momentum of stabilization running No transaction price of vanadium pentoxide, ferro vanadium, and other products. Market demand began to weaken, and some businesses wait and see. The late the steel mills tender or will guide the trend of the vanadium alloy products. So, the short-term the vanadium market or will continue to be steady.

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