China Ferrovanadium Main Regional Prices
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China Ferrovanadium Main Regional Prices
Product: Ferrovanadium
Date:2023-07-24
Ferrovanadium price chart for reference：
| product | Grade | Mainstream transactions (10,000 yuan/ton) | ups and downs | Mainstream quotation (10,000 yuan/ton) | ups and downs | area | Remark |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Panzhihua | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Jinzhou | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Xinyu | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Hubei | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Hebei | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Henan | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Hunan | Acceptance tax |
| Ferrovanadium | FeV50 | 11.4-11.6 | -- | 11.5-11.7 | -- | Jiangsu | Acceptance tax |
| Ferrovanadium | FeV80 | 18.24-18.56 | -- | 18.4-18.72 | -- | Jinzhou | Acceptance tax |
One of the primary uses of ferrovanadium is in the production of high-strength and low-alloy steels. By adding ferrovanadium to steel, the resulting alloy exhibits improved mechanical properties, including increased tensile strength, toughness, and resistance to fatigue. This makes it ideal for structural applications in construction, bridges, and automotive components, where high strength and durability are essential.
Iron Alloys: Ferrovanadium is also used in the production of iron alloys, such as nodular cast iron and high-strength low-alloy (HSLA) iron. These alloys find applications in the automotive industry, where they are used to manufacture engine components, gears, and other parts requiring high strength, wear resistance, and heat resistance.
Chemical Industry: Vanadium compounds derived from ferrovanadium are used in various chemical processes. Vanadium pentoxide, for example, finds use as a catalyst in the production of sulfuric acid, which is an essential chemical in numerous industrial processes.
Energy Storage: Vanadium redox batteries (VRBs) are a type of rechargeable battery that utilizes vanadium compounds. Ferrovanadium, with its high vanadium content, serves as a critical source for the vanadium needed in VRB technology. VRBs are known for their long life, high energy efficiency, and ability to store large amounts of energy, making them suitable for renewable energy storage and grid-scale applications.
In summary, ferrovanadium is an alloy composed primarily of iron and vanadium, valued for its high strength, corrosion resistance, and heat resistance.
