Japanese steelmakers unperturbed by global ferrovanadium shortage

摘要

Japanese steelmakers say they have not been impacted by the global shortage of ferrovanadium as they relied on local supplies, and importers were protected by contracts. Sources at two integrated steelmakers, which consume 20-100 mt/month of ferrovanadium each for rebars, auto parts and other applications, said that supply from their local suppliers -- Taiyo Koko and JFE Materials -- had been sufficient and they did not need to import. Their consumption was in line with the forecast volume as well, the mill sources said.