Japan Ferrovanadium Import Price Drops by 3.7% in February

Japanese averaged import price of ferrovanadium decreased by 3.7% to 4.15 million yen in February from January, according to Ministry of Finance. After the drops for 2 months in a row, the price decreased to less than half of the peak in August 2005 and the lowest level after 3.46 million yen in March 2005.