Ferrovanadium prices showed a slight downward trend on March 23, 2026, with both FeV50 and FeV80 experiencing minor declines in the Chinese market. The adjustment reflects short-term market pressure while overall demand remains relatively stable.
Latest Ferrovanadium Prices
According to the latest market data:
| Product | Grade | Transaction Price (10,000 RMB/MT) | Change | Offer Price (10,000 RMB/MT) | Change |
|---|---|---|---|---|---|
| Ferrovanadium | FeV50 | 9.2 – 9.4 | ↓0.05 | 9.5 – 9.6 | ↓0.05 |
| Ferrovanadium | FeV80 | 14.72 – 15.04 | ↓0.08 | 15.2 – 15.36 | ↓0.08 |
👉 Prices are tax-included and reflect mainstream market levels.
Market Analysis
The current decline in ferrovanadium prices is relatively limited, indicating that the market remains generally stable.
Key factors include:
- stable demand from the steel sector
- cautious procurement by downstream buyers
- short-term supply pressure in the domestic market
Although prices have slightly decreased, the overall market structure has not changed significantly.
FeV50 vs FeV80 Price Trend
FeV50: continues to be widely used in standard steel applications, with relatively stable demand
FeV80: higher vanadium content leads to higher pricing, but also shows slightly more sensitivity to market fluctuations
👉 Both grades reflect a similar downward trend, suggesting a broad market adjustment rather than product-specific changes.
What This Means for Buyers
For buyers, the current price movement may offer a short-term purchasing opportunity.
slight price decline creates room for negotiation
stable demand reduces supply risk
current levels are suitable for securing orders
👉 Buyers may consider locking in prices before potential market adjustments.
Sourcing Suggestion
When purchasing ferrovanadium, it is important to consider:
- vanadium content and quality consistency
- stable supply capability
- reliable delivery terms
- supplier experience in export markets
A reliable supplier can help ensure consistent performance in steel production and reduce procurement risk.
Conclusion
As of March 23, 2026, ferrovanadium prices show a mild downward trend, with FeV50 and FeV80 both experiencing small declines. The market remains stable overall, with no major disruption in supply or demand.
Get the Latest Ferrovanadium Price
If you are sourcing ferrovanadium for steelmaking or alloy production:
👉 Contact us to get the latest price, specifications, and supply options.
ZHEN AN INTERNATIONAL CO.,LIMITED
ZhenAn is an enterprise specializing in Metallurgical & Refractory products , integrating production, processing, sales and importing and exporting business.
We are focused on building a dedicated team of professionals across the globe. At ZhenAn, we are committed to provide complete solutions by delivering the "right quality & quantity" to suite our customer's processes.
Annual production and sales more than 150,000 tons. Our factory covering an area of 30,000 square meters, it has a complete set of modern production equipment, two large production bases including hydro-metallurgy, two key laboratories and a metallurgical materials testing center with dozens of senior researchers.
