Events: FerroAlloyNet 17th International Vanadium Forum 25-27 March, Kunming, Yunnan, China
https://event.cnfeol.com/en/event/282
2024 FerroAlloyNet 17th International Vanadium Products Forum
In recent years, with the high-quality development of steel and the prosperity of the vanadium battery industry, the Chinese vanadium industry has made great progress. Although the vanadium market was in an imbalance between supply and demand in 2023, the prices of various vanadium products fell cyclically. However, the policy of "stabilizing real estate + expanding infrastructure" continues to be implemented, and the price of rebar begins to recover upward at the end of the year, coupled with the continued increase in demand for vanadium batteries, the vanadium market also ended its sustained downward trend and bottomed out at the end of the year. Looking forward to 2024, the "14th Five-Year Plan" has begun, and the production of high-strength rebars and higher-performance steel in China's steel field has increased. As well as the gradual improvement of the power market, the energy storage supply chain supporting facilities and business models have become increasingly mature, and new storage can enter the fast lane of development. The weakness of real estate demand and the increase in vanadium extraction production capacity may be difficult to improve in the short term. However, the demand from downstream vanadium is also gradually increasing, and the development of the vanadium market still presents both opportunities and challenges. Entering a new stage of development, will the focus of the vanadium industry shift? What problems are yet to be solved in the current market?