The price of vanadium-nitrogen alloy rises, the operating rate of some manufacturers increases [SMM vanadium spot KuaiBao]

SMM11 March 17: today's spot transaction price of vanadium is 111000 yuan / ton, up 500 yuan / ton compared with yesterday; the spot mainstream transaction price of ferrovanadium is 11.8-122000 yuan / ton, up 1000 yuan / ton compared with yesterday's price; the mainstream spot transaction price of vanadium-nitrogen alloy is 16.3-168000 / ton, up 2500 yuan / ton compared with yesterday's price.

At present, the retail price of sheet vanadium is between 11 yuan and 112000 yuan per ton. due to tight supply, it is difficult to find low-price supply, and it is difficult to close a deal if the price is less than 110000, and the price of sheet vanadium is high and strong.

According to SMM, a manufacturer in Hubei revealed that the Hubei factory producing vanadium-nitrogen alloy has quoted a price of 170000 yuan / ton because it is optimistic that the market operating rate will be improved in the later period. At the same time, the manufacturers reflect that the inquiry of downstream steel mills is active, and the quotation of vanadium-nitrogen alloy manufacturers is firm.

SMM believes that in the case of further tightening of sheet vanadium supply, downstream demand can not be met, and prices continue to rise. The cost of vanadium-nitrogen alloy manufacturers is rising, which leads to an increase in manufacturers' willingness to raise prices, so the price of vanadium-nitrogen alloys still has room to rise in the short term.