RE: Best medium term V price?28 Jan 2019 00:04
The way most of the vanadium is produced is driven by steel production’
The more steel produced the more vanadium is used, the more vanadium used in steel gives a stronger steel , so less steel needed for same effect as not having vanadium present. Less steel produced because vanadium added , less steel production mean less vanadium byproduct.
Win win situation for primary producers
And this is without VRFBs and all the other vanadium technology coming to market ,