Market Overview
For the Quarter Ending March 2026
Ferro Vanadium Prices in North America
In the USA, the Ferro Vanadium Price Index rose by 19.46 % quarter-over-quarter, reflecting tightening seaborne supply.
The average Ferro Vanadium price for the quarter was approximately USD 37086.67/MT, reported from FOB Baltimore weekly assessments.
Ferro Vanadium Spot Price strengthened amid precautionary restocking and constrained imports, supporting spot premiums and shorter inventories.
Ferro Vanadium Price Forecast indicates continued firmness near-term due to geopolitical risks and elevated bunker and energy costs.
Ferro Vanadium Production Cost Trend shows upward pressure from higher Brent-driven energy and increased maritime insurance premiums.
Ferro Vanadium Demand Outlook remains robust with infrastructure and HSLA steel orders absorbing available alloy tonnage.
Ferro Vanadium Price Index volatility rose as sanctions and port inflows tightened supply, elevating short-term premium bids.
Domestic smelter outages, higher Midwest electricity tariffs, and regulatory constraints have reduced throughput and pressured available Ferro Vanadium supply.
Why did the price of Ferro Vanadium change in March 2026 in North America?
Feedstock inflows fell due to V2O5 port declines and Maracás maintenance reducing primary vanadium availability.
Elevated energy and bunker costs increased smelter operating expenses, prompting producers to raise offers and margins.
Precautionary restocking by steel mills and export competition tightened short-term stocks, amplifying upward price momentum.
Ferro Vanadium Prices in APAC
In China, the Ferro Vanadium Price Index rose by 24.42 % quarter-over-quarter, driven by feedstock costs.
The average Ferro Vanadium price for the quarter was approximately USD 13131/MT, reflecting steady buying.
Ferro Vanadium Spot Price strengthened mid-quarter as mills replenished after Lunar New Year, tightening availability.
Ferro Vanadium Price Forecast suggests near-term gains, influenced by infrastructure demand and feedstock cost pressures.
Ferro Vanadium Production Cost Trend rose on higher V2O5 feedstock prices and elevated energy costs.
Ferro Vanadium Demand Outlook remains supported by Grade-600 rebar mandates and spring construction restocking regions.
Ferro Vanadium Price Index volatility reflected balanced inventories, steady exports, and uninterrupted smelter operating rates.
Substitution and shipping risk constrained upside, while market participants maintained cautious buying and measured offers.
Why did the price of Ferro Vanadium change in March 2026 in APAC?
In March supply rose as Russian and South African feedstock arrivals bolstered alloy availability materially.
Spring restocking resumed but Lunar New Year pauses limited forward buying, keeping spot demand cautious.
Higher V2O5 feed costs, energy and rising insurance premiums raised cost pressure and logistical uncertainties.
Ferro Vanadium Prices in Europe
In the Netherlands, the Ferro Vanadium Price Index rose by 6.39 % quarter-over-quarter, driven by imports.
The average Ferro Vanadium price for the quarter was approximately USD 27195.33/MT based on assessments.
Ferro Vanadium Spot Price firmed amid steady mill buying and balanced Rotterdam warehouse inventory replenishment.
Ferro Vanadium Price Forecast indicates near-term range-bound movement as imports offset intermittent converter outages risks.
Ferro Vanadium Production Cost Trend rose due to high power tariffs, pressuring domestic smelter economics.
Ferro Vanadium Demand Outlook remains firm as rebar and high-strength mills sustain regular procurement schedules.
Ferro Vanadium Price Index reflects sustained twelve-week strength, while steady seaborne arrivals moderate upward pressure.
Rotterdam inventories stayed near operational norms, constraining spot appetite despite converter maintenance and freight premiums.
Why did the price of Ferro Vanadium change in March 2026 in Europe?
Low Dutch gas storage and elevated power costs curtailed domestic smelting, tightening regional alloy availability.
Routine seaborne arrivals met demand, yet weather and port disruptions delayed replenishment and increased premiums.
Steady mill offtake from Dutch, German and Belgian producers absorbed prompt stocks, preventing downward pressure.
view historical insights
How We Can Help
ChemAnalyst: Your Source for Real-Time Market News, Weekly Price Updates
Stay ahead of the competition with ChemAnalyst, the premier provider of
actionable market news. We offer real-time updates on prices, tracking and
reporting pricing trends, market news, and demand & supply for over 450
commodities.
Why choose ChemAnalyst? We go beyond just providing prices - we give you the
insights behind them. Our expert analysts not only deliver accurate price
data but also explain the exact reasons why prices have gone up or down.
This knowledge helps you make informed decisions and understand market
dynamics.
Planning your purchase at the right timing is crucial, and that's why we
provide price forecasts. Our forecasts help you anticipate market movements,
enabling you to optimize your procurement strategy and maximize cost
savings. Additionally, we track plant shutdowns to assess any risks
associated with supply disruptions. By keeping you informed about potential
disruptions, we empower you to proactively manage your supply chain and
mitigate any potential issues.
Our Analysts team comprises chemical engineers and experts with strong
backgrounds in economics, manufacturing, supply chain, and trading. With
offices in Houston, Cologne, and New Delhi, we provide a comprehensive view
of the global market. Our ground teams are based out of more than 50+ major
trading ports such as Houston, Shanghai, Busan, Rotterdam, Jebel Ali,
Antwerp, Hamburg, and more. This ensures that we have firsthand information
and insights on market activities, allowing us to deliver accurate and
timely reports.
Don't miss out on valuable insights! Keep your procurement teams informed and
empowered with ChemAnalyst's unparalleled expertise.
Subscribe ChemAnalyst today for the latest market news and stay on top of
your game.
Product Description
Ferrovanadium is an iron–vanadium alloy used primarily as an additive in steelmaking to improve strength, toughness, wear resistance, and overall performance of steel products. It typically contains between about 35% and 80% vanadium, with the balance mostly iron, and is added in small quantities during steel production because vanadium is highly effective at refining grain structure and forming stable vanadium carbides and nitrides that significantly increase tensile strength and resistance to fatigue and impact. Ferrovanadium is commonly produced by reducing vanadium pentoxide (V₂O₅) with aluminum (aluminothermic reduction) or silicon in the presence of iron, resulting in a dense alloy that can be easily added to molten steel. It is widely used in high-strength low-alloy (HSLA) steels, tool steels, spring steels, pipeline steels, construction materials, and automotive components, where improved mechanical properties and durability are essential. By enhancing strength without greatly increasing weight, ferrovanadium plays a crucial role in modern infrastructure, transportation, energy, and manufacturing industries.
HS Code:
72029200
Grade:
FeV 50% & FeV 80%
Contract Size:
5 MT
