MB: FeV prices up due to concerns in Brazil https://www.metalbulletin.com/Article/4024348/Vanadium/European-FeV-prices-gain-momentum-on-supply-concerns-in-Brazil-increased-buying-appetite.html
European FeV prices gain momentum on supply concerns in Brazil, increased buying appetite
Ferro-vanadium prices in Europe have risen since the start of 2022 amid high liquidity, with fresh offers rising rapidly due to supply constraints.
Fastmarkets assessed the price for ferro-vanadium, basis 78% V min, 1st grade, ddp Western Europe, at $34-37 per kg on Friday January 14, up by 4.1% from the previous assessment of $33.50-34.50 per kg on January 12. The price is now at its highest since mid-September of last year when it stood at $34.50-36.50 per kg.
More than 120 tonnes reportedly exchanged hands in Europe by the end of last week.
One of the main drivers is that vanadium pentoxide (V205) producer Largo was disrupted by heavy rainfall in November and December at the company’s Maracs operations, located in...