India: Ferro vanadium prices edge up following deals concluded at higher levels

Indian ferro vanadium (FeV 50%) prices rose by INR 14,500/t ($162/t) w-o-w to INR 1,145,700/t ($12,754/t) ex-Raipur on 31 Dec'25 on greater trade momentum, with a 15 t deal heard at INR 1,160,000/t ($12,913/t). The price rise was driven by tight availability and improved buyer acceptance for prompt requirements. The Chinese market remained stable amid balanced supply-demand, lending indirect support to prices.