China's Nisco raises May FeV tender price

摘要

Chinese state-controlled steelmaker Nanjing Iron & Steel Group (Nisco) has raised its ferro-vanadium tender price for May delivery on higher pentoxide feedstock costs. The firm yesterday purchased 30t of 50pc grade ferrovanadium at Yn119,000 yuan/t, or Yn238/kg ($36.62/kg) for contained vanadium paid by acceptance bill including the tender fee, up by Yn4,100/t from Yn114,900 /t in a tender it issued on 17 March.