Sponge Iron 100% Natural 10-220mm Ferrovanadium 60% 80% Molybdenum Vanadium Iron Steel Making

Sponge Iron 100% Natural 10-220mm Ferrovanadium 60% 80% Molybdenum Vanadium Iron Steel Making

Yes, vanadium is a relatively expensive metal. Its price is volatile and depends on market supply and demand, but it is consistently more costly than common metals like iron, aluminum, or nickel.

• Price Comparison: As a rough guide, vanadium is significantly cheaper than precious metals like gold or platinum but is more expensive than most other alloying metals like nickel or molybdenum.
• Reasons for Cost:
  • Complex Extraction: Vanadium is rarely found in concentrated deposits. It is most commonly recovered as a byproduct of processing other ores, like iron ore (particularly magnetite) or from uranium mining. This makes the extraction and purification process complex and energy-intensive.
  • Processing: The steps to convert raw vanadium-bearing slag into high-purity V₂O₅ and then into Ferrovanadium are costly.

Packing: 1 ton big bag, 20-25mt in 20' container

ZHENAN has been in the business of ferroalloy for 30 years now. It is a leading manufacturer and supplier of ferro silicon, silicon manganese, silicon metal, silicon carbide, high carbon silicon and so on. Our company is a large-sized production enterprise integrating research, development, production and sales.