Market Structure
International ferrovanadium references are commonly reported for 70-80 percent ferrovanadium in USD per kilogram of contained vanadium. The reference reflects the general market assessment on the reporting date, and the price range represents the spread between the minimum and maximum assessed values.
How to Interpret the Reference
The reference range and its change direction (higher, lower, or unchanged) describe the market trend on the reporting date. Market references are assessments, not executable offers: an actual quotation must include the grade, vanadium content, impurity limits, lump size, quantity, packing, and delivery terms.
Market Drivers
Ferrovanadium pricing is driven by vanadium feedstock supply (vanadium pentoxide and vanadium-bearing slag), steel demand, energy costs, and inventory levels across producing regions.
Frequently Asked Questions
What specification is the European reference based on? Ferrovanadium 70-80 percent, quoted in USD per kilogram of contained vanadium.
Is the market reference an executable price? No; it is an assessment. Executable quotations require the full material specification.
What drives ferrovanadium prices? Vanadium feedstock supply, steel demand, energy costs, and regional inventories.
