Ferrovanadium prices rise on increased spot activity

Nov 15, 2013 | 12:00 PM | Daniel Fitzgerald

Tags  ferrovanadium, ferrovanadium prices, spot market, contract business, Daniel Fitzgerald

NEW YORK — Ferrovanadium prices rose slightly this past week as market participants reported an increase in spot activity leading into contract season.

Spot prices moved up to $12 to $12.60 per pound from $11.60 to $12.60 per pound previously. Prices had been stagnant for several weeks due to a dearth of spot market activity, with contract business covering the majority of consumers.....

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