Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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October 2019 | Ferro-alloys

Downward pricing trend to continue into November, but the market is approaching a floor: Vanadium Highlights

Chinese ferro-vanadium prices remain well above those in Europe, with the premiums for ferro-vanadium in China widening to $12.00-14.00 per kg.

European vanadium prices trended lower over the past month, but the declines exceeded our expectations, spurred by an early start to drastic end-of-year destocking activity by both traders and producers. As suppliers aggressively move to push material to reluctant consumers facing sharply declining demand as European economic growth and, in turn, steel production retreat, European ferro-vanadium prices are plunging. European ferro-vanadium prices crashed to $21.10-22.10 per kg during October, down...


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