Investigation of vanadium-titanium bonding mechanism in Panzhihua Iron and Steel Co., Ltd.

Published: Sep 14, 2021 10:18

Recently, ICBC Credit Suisse and Guotai Junan conducted a survey of vanadium and titanium in Panzhihua Iron and Steel Co. At present, the main business of vanadium and titanium in Panzhihua Iron and Steel Co., Ltd. includes vanadium, titanium and electricity, among which vanadium and titanium plate is the strategic focus of the company's business development. the main products include vanadium oxide, vanadium ferroalloy, vanadium nitrogen alloy, sulfuric acid titanium dioxide, chlorination titanium dioxide, titanium slag and so on. Vanadium is an important alloy element, which is mainly used in the iron and steel industry. In addition, vanadium can be used as a catalyst and colorant in the chemical industry, and can also be used in energy storage fields such as rechargeable Ni-MH batteries or vanadium redox batteries. Titanium dioxide is a kind of white pigment with excellent performance, which has good hiding power and coloring power, and is widely used in many fields, such as paint, plastic, paper, ink and so on. Titanium slag has the characteristics of stable grade, no radioactive elements and low content of heavy metals, so it is mainly used in the production of titanium dioxide and sponge titanium.

Vanadium-nitrogen alloy and ferrovanadium alloy are mainly used in iron and steel. Vanadium-nitrogen alloy is all used in rebar. Ferrovanadium alloy has a wide range of applications and can be used in plate, billet, structural steel and other alloy steels.

For the future development of vanadium production, vanadium titanium of Panzhihua Iron and Steel Co., Ltd. said that as the current mainstream vanadium extraction process is vanadium extraction from steel slag, the vanadium slag production capacity is relatively stable without adding blast furnace capacity, and there will not be much increment in the short term. The company has reached a cooperation intention with Sichuan Desheng on the joint venture construction of vanadium slag processing production line, and signed the "Project Cooperation Framework Agreement". The company will actively communicate and consult, and strictly comply with relevant laws and regulations and regulatory requirements, timely fulfill the obligation of information disclosure for the specific business cooperation in the future.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
LB Group's Jiaozuo Vanadium Project Starts, Aims for 1.767B Yuan Annual Revenue
Apr 2, 2026 15:57
LB Group's Jiaozuo Vanadium Project Starts, Aims for 1.767B Yuan Annual Revenue
Read More
LB Group's Jiaozuo Vanadium Project Starts, Aims for 1.767B Yuan Annual Revenue
LB Group's Jiaozuo Vanadium Project Starts, Aims for 1.767B Yuan Annual Revenue
[SMM Titanium Express] LB Group's Jiaozuo Sc-V New Materials Industrial Park Phase I project has commenced production, with annual capacity of 2,500 tonnes of high-purity V₂O₅ and 20,000 m³ of vanadium electrolyte. Total investment is 1.08 billion yuan across three phases. Full completion is expected to generate 1.767 billion yuan in annual revenue. Leveraging its vanadium-titanium magnetite and TiO₂ by-product resources, LB Group is accelerating its vanadium electrolyte value chain.
Apr 2, 2026 15:57
CITIC Titanium Raises TiO₂ Prices Again, Marking Industry's Third Consecutive Increase This Month
Apr 2, 2026 15:47
CITIC Titanium Raises TiO₂ Prices Again, Marking Industry's Third Consecutive Increase This Month
Read More
CITIC Titanium Raises TiO₂ Prices Again, Marking Industry's Third Consecutive Increase This Month
CITIC Titanium Raises TiO₂ Prices Again, Marking Industry's Third Consecutive Increase This Month
[SMM Titanium Express] CITIC Titanium announced a price increase effective April 1, raising selected CR series chloride-process TiO₂ prices by RMB 1,000/ton for domestic market and USD 200/ton for overseas market. This marks the company's second hike within a month and extends the industry's "three consecutive increases" in March, signaling the full deepening of the current price upcycle.
Apr 2, 2026 15:47
[SMM Analysis] Titanium Dioxide Prices Rise Amid Cost Pressures and Geopolitical Tensions
Mar 24, 2026 14:35
[SMM Analysis] Titanium Dioxide Prices Rise Amid Cost Pressures and Geopolitical Tensions
Read More
[SMM Analysis] Titanium Dioxide Prices Rise Amid Cost Pressures and Geopolitical Tensions
[SMM Analysis] Titanium Dioxide Prices Rise Amid Cost Pressures and Geopolitical Tensions
As of March 24, titanium dioxide prices continued to rise, with the SMM index up 4.6% since early 2026. Two rounds of price hikes were issued in March amid low inventories. Strong exports and production cuts supported gains, though sustainability post-peak season remains uncertain, hinging on downstream acceptance.
Mar 24, 2026 14:35