Domestic steel mills accidently invite tenders for vanadium alloy as June comes, but the confidence of market participants are lacked at current situation. Production profit shrink considerably because the price is too low, regardless of quantity,,.
    

After the tender for vanadium at 100000 yuan / ton of a steel mill in central China last Thursday, there is 20 tons of high-vanadium iron tender, but most people do not think the prices will be high, basically at 100000yuan / ton. In addition, another steel mill in East China invite tender for 130 tons of vanadium nitride, but the price is not clear yet, while according to industry people, the price will be 159000-160000 yuan / ton, which is lower than the majority expectations.
   In June, vanadium product market is not so optimistic. The tender price of steel mills, purchase price are difficult to achieve a breakthrough, and perhaps it’s more realistic to be stable.