China Ferrovanadium Price
Apr 07, 2023
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Product: ferrovanadium
Date:2023-4-7
Ferrovanadium price chart for reference:
(Unit: Ten thousand yuan/ton, acceptance price including tax)
| grade | transaction price | date |
| FeV50 | 13.5-13.7 | 4-7 |
| FeV50 | 13.6-13.8 | 4-6 |
| FeV50 | 13.6-13.8 | 4-4 |
| FeV50 | 13.7-13.9 | 4-3 |
Ferrovanadium is a critical alloying metal used in the production of high-strength steel and other alloys. It is a combination of iron and vanadium and is typically produced by smelting vanadium-rich ores with iron in a blast furnace. The demand for ferrovanadium has been steadily increasing in recent years, driven by growth in the construction and automotive industries, particularly in emerging markets.
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