Ferro-vanadium prices have corrected downward slightly in the past two pricing sessions after a sharp increase that started on February 21, prior to Russia’s invasion of Ukraine, but the market was still wary about potential disruptions.
Fastmarkets’ assessment of the price for ferro-vanadium, basis 78% V min, 1st grade, ddp Western Europe, was down on Wednesday March 23, softening to $59.00-62.00 per kg V, from $60.00-62.65