[ferro-alloys.com] This week, Vanadium Market is tending to be gradually strong. 

Along with market condition of Vanadium Pent Oxide Piece of Vanadium is stale in a long period, inquiry of Piece of Vanadium increases this week, deal liveness increases. Currently, concluded acceptance price of Piece of Vanadium is at RMB 84,000/mt.

JISCO calls for bids of Vanadium Nitrogen Alloy 60 mt in April 2017, and its acceptance price of calls for bids is RMB 133,000, which rises largely compared to the price of calling for bids of steel mill in the earlier stage. Both offers of Ferro Vanadium and Vanadium Nitrogen Alloy of ANSTEEL is increased by RMB 1,000, and acceptance offer of Ferro Vanadium is RMB 92,000, and acceptance offer of Vanadium Nitrogen Alloy is RMB133,000. Rise of price of calling for bides of steel mill and offer of ANSTEEL makes the confidence in the market boost, offer of enterprises in the market has a greater rise, currently, main acceptance offer of Vanadium Nitrogen Alloy of enterprises ranges from RMB 132,000 to 133,000/mt.  

Main offer of ready cash of Ferro Vanadium ranges from RMB 89,000 to RMB 91,000/mt., and main offer of acceptance ranges from RMB 91,000 to RMB 93,000/mt. Inquiry of Ferro Vanadium increases and the trading volume is expected to follow up.

• [Editor:Wang Linyan]