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.
Japan Steel Scrap Composite Prices (Sangyo Press)02/02/2023
|50400YEN (-)||51700YEN (-)|
|389.19US$ (4.16)||399.23US$ (4.27)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)