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RESEARCH: Ferro-alloy prices forecast to remain elevated through Q2 2021 on supply shortfall and rising demand
The latest forecasts from Fastmarkets’ team of analysts are ready to view.

This month’s key ferro-alloy forecast highlights:
• Impressive advances in ore and alloy prices persisted in March, with most markets posting significant price gains. Strengthening demand from steelmakers along with supply shortages and depleted inventories in numerous markets, as well as freight and transportation issues, continue to propel prices higher. We are forecasting upward pricing momentum to continue into Q2 2021 across most ore and alloy prices as we do not see a remedy to supply-demand imbalances in the near term.
https://www.metalbulletin.com/Article/3982963/Search-results/RESEARCH-Ferro-alloy-prices-forecast-to-remain-elevated-through-Q2-2021-on-supply-shortfall-and.html

European FeV on the move North

Trade log: Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V
The Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V trade log including business, bids and offers reported to Fastmarkets.

Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.

Fastmarkets assessed Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V at 33.00-34.00...
https://www.metalbulletin.com/Article/3982952/Search-results/Trade-log-Ferro-vanadium-basis-78-V-min-1st-grade-ddp-Western-Europe-kg-V.html

Euroclear has Bushveld as 0.21% stock loaned on average in March. February was 0.52%.
Fiquires updated today.
Published on telegram.

If I had a £1 for everytime that I have had to correct people, even professionally analysist's and bloggers about the V205.. MTV. production difference between BMN and Largo I would be a very rich man and I'm convinced that is one of the main reasons for the disparity between the Mcaps is a lack of research into the different Vanadium variants. BMN's main product is Nitrovan which sells at a premium to FeV

Chinese V2O5 is being quoted at over $8 per per lb.
US FeV at $35...$36.30 per kg.
ATM over 80% of our sales are to the US and Chinese markets

Chinese FeV now $36 per kg.

Vanadium Price Today

V205 Vanadium Pentoxide Flake 98% USD / lb

Europe : US$7.90/lb (0.00%)

Ferro Vanadium 80% USD / kg

China : US$36.00/kg ?(+1.41%)

Europe : US$31.75/kg (0.00%)

Anyone having trouble buying should phone their broker's trading desk.
That's what they're paid for.... Job done

Absolutely Graham keep up the positivity.

Yeah, I think Jim Carrey starred in the film.

Why it's critical for defence.

World Resources: World resources of vanadium exceed 63 million tons. Vanadium occurs in deposits of phosphate rock, titaniferous magnetite, and uraniferous sandstone and siltstone, in which it constitutes less than 2% of the host rock. Significant quantities are also present in bauxite and carboniferous materials, such as coal, crude oil, oil shale, and tar sands. Because vanadium is typically recovered as a byproduct or coproduct, demonstrated world resources of the element are not fully indicative of available supplies. Although domestic resources and secondary recovery are
adequate to supply a large portion of domestic needs, all of U.S. demand is currently met by foreign sources.
Substitutes: Steels containing various combinations of other alloying elements can be substituted for steels containing vanadium. Certain metals, such as manganese, molybdenum, niobium (columbium), titanium, and tungsten, are to some degree interchangeable with vanadium as alloying elements in steel. Platinum and nickel can replace vanadium compounds as catalysts in some chemical processes. Currently, no acceptable substitute for vanadium is available for use in aerospace titanium alloys.

The Spangles broker note working model shows a cast reduction of $3.3 per kg for next year

Courtesy of BBN

EUR FeV aside, vanadium prices across the board looking very healthy.

29th March
EUR V205 - $8 - $8.50 per lb

US FeV $35 - $36.30 per kg

Chinese read across 2nd April
V205 c. $8 per lb
FeV Steel bidding $36 - $37.50
FeV Price offers $37.40 - $38

#BMN

https://t.co/Fl4T7tl6D4

Not that I want to but it has been impossible for most of the morning to sell 50k as it was going into cop yesterday.
There is still a big seller off loading.

I think Emotional Rescue was Sir Micks best album, but I suppose other people have different opinions.

Gone blue now

HL won't quote me for more then 500 shares

Max buy 100 shares

You can buy now its back over 16.10p....... Crooks

Slippery Nick claims in one interview the low costs are because of the none VTM ore taking 60% less processing.
In another interview he claims its the credits from other rare earth's.
Wish he'd make his mind up he's had the resource for 10 years.now

@sharesahoy.... "unless mr Bridgen is lying it has one hell of a resource which has very low production costs."
This won't be known for another 3 years minimum, noboby is promoting FAR, just comparing it to the dozens of stone coal producers in China which don't get switched on until FeV hits $50 per kg.