Vanadium prices set to rise on Chinese demand: Roskill
Mar 14, 2013 | 11:44 AM
| Daniel Fitzgerald
Tags
vanadium demand,
vanadium prices,
ferrovanadium,
steel demand,
China rebar,
Roskill,
Daniel Fitzgerald
NEW YORK — Vanadium prices are likely to rise in 2013 and 2014 as an increase in demand from the Chinese steel sector exceeds supply, according to a Roskill Information Services report.
While the London-based research firm forecast that the market will "remain broadly balanced" between 2012 and 2017, having endured a period of volatility over the previous decade, an increase in Chinese consumption is likely to once again impact the supply/demand balance.....
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