Publication of Fastmarkets’ price assessments for four vanadium-related products was made on Thursday May 30 earlier than 2pm UK time, stipulated in the methodology, due to a procedural lapse. Fastmarkets’ pricing database has been updated.

The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets

Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets

Learn more about how Chinese ferro-alloy smelters are planning to strengthen green production efforts in 2024

While navigating the Asian steel markets in 2024, market participants will come up against both supply chain bright spots and demand uncertainty characterized by a sluggish Chinese property sector and green steel pressures

China has increased the pace of developing vanadium redox flow battery projects in the past two years, and the trend is likely to last for the next few years, given that the battery appears to be a safer and more reliable solution for the country’s mass energy storage needs