Yesterday the vanadium market had consolidated at high levels. Some small and medium market started to sell at low prices due to suspension in prices. However as major vanadium flake market largely rose their quotation, some companies will reconsider its shipping price and opportunity.

　　1, The vanadium flake market maintained firm, especially Jianlong Group had rose its assessment to acceptance 27,0000 yuan/t, up 40000 yuan/t from the previous price. Prior to the increase, some small and medium producers had tried to sell at low prices. However a rising assessment may enhanced its difficulty to purchase at low levels.

　　2, In the middle of July, steel mills had purchased less ferrovanadium with subdued conclusions. Actual shipping quantity was less though the assessment from companies reamined at 28,0000 yuan/t. As cost rising, companies will continue to maintain its quotation, giving support to the market. Some companies were also waitting for the European ferrovanadium assessmnet.

　　3, The vanadium nitrogen market also remained firm, mainly supported by high material prices. Steelmakers made purchase at about 42,0000 yuan/t. As the vanadium flake prices increasing, producers also paid attention to changes in the market as well as the acceptance of steel mills.

　　Conference notification: The vanadium product market has seen an rapid increase with its price skyrocketed to a new level, which reignite passions in producers. In order to create an opportunity for you to communicate and exchange opinions, we together with Jiangsu Ushine Technology decide to hold an international vanadium industry summit on July 18-20, in Taizhou Jiangsu province. We sincerely welcome you to join us!

　　Conference team 010-64891800， Liu Ligang 13681381349.