Vanadium Price:, page-15

Surely a pause and sideways movement as of Nov 1??

Chinese steel producers should have lifted inventories to new levels and can pause buying to allow market to take a breath.

Would be very healthy to see a sideways move in the $30's before the new norm sets in as reality and increased monthly orders on no new supply dictate the next increase.

Iron ore prices still well (50%) off highs and still make up 2/3 of input price for 0.1% rebar... there's capacity to carry and pass through higher prices to developers and that's what will happen.

China spending $900 billion on silk road over the next 30 years to insulate from US exposure. All needs reinforced concrete. 'High' V prices aren't going anywhere, new norm.