Ferrovanadium prices fall on surplus fears

Apr 26, 2013 | 04:38 PM | Daniel Fitzgerald

Tags  ferrovanadium, ferrosilicon, ferromanganese, ferroalloys, supply surplus, spot market, Daniel Fitzgerald

NEW YORK — Ferrovanadium prices have dropped on reports of a supply surplus, although overall ferroalloy spot trading has been light as long-term contracts are covering most consumers’ requirements.

Ferrovanadium has fallen to a range of $13 to $14 per pound from $14.90 to $15.15 previously, with market participants telling AMM that supply is exceeding demand in the spot market.....

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