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

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February 2020 | Ferro-alloys


Upward momentum maintained into February: Vanadium Highlights


Chinese ferro-vanadium export prices gained to $29.00-31.00 per kg fob China during February, up from $27.00-29.00 per kg fob last month.

Supply-side concerns prompted by the novel coronavirus (nCoV-19) outbreak and the resulting disruptions to both end-product ferro-vanadium supply as well as supply of intermediate vanadium products has driven vanadium prices higher globally over the past month. Restocking activity by both steel mills and traders lent a further boost to prices, and again highlights the increased dependence on the spot market that...

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