Wuhan Steel manganese purchasing price falls in Sept tender

[SMM Vanadium Flash News] In April, Phase I of Jiaozuo Scandium-Vanadium New Materials Industrial Park was officially put into operation, with a total investment of 1.08 billion yuan. Relying on the by-product resources of titanium dioxide, the project has an annual production capacity of 2,500 tons of high-purity vanadium pentoxide + 20,000 cubic meters of vanadium electrolyte, directly supporting long-term energy storage orders. High-purity vanadium is entering the high-end alloy and vanadium battery markets, while the electrolyte has established the industrial chain of "titanium dioxide - vanadium electrolyte - energy storage", significantly increasing the added value of by-products..

News Release: April 30, 2026 According to SMM statistics, China’s high-carbon ferrochrome output in April 2026 fell by 1.28% month-on-month but rose by 24.63% year-on-year, with notable regional divergence. The majority of the monthly output reduction came from Inner Mongolia in northern China. Affected by substation maintenance, ferrochrome producers in Fengzhen faced production restrictions, with output dipping slightly by 1.82%.

According to SMM data, silicon metal production in April was 320,000 mt, down 3% MoM and up 6% YoY. Production in May is expected to increase to around 340,000 mt MoM, but uncertainty remains regarding future operating rates, and attention should still be paid to changes in operating rates of top-tier enterprises and the Sichuan region.