Emerging Markets Should Boost Vanadium Demand
Platts reported that an increase in the need for steel-making materials is likely to increase demand for vanadium.
Articles Tagged "steel"
US Could Face Vanadium Shortage as Demand Increases in China
A global shortage in the vanadium market caused by increased vanadium demand in the steel, aerospace and the battery industries could affect the US, a country almost completely dependent on imports of the metal.
Building Infrastructure Will Push Vanadium Demand
The demand for vanadium will be driven by high strength low alloy steel, which will be needed in rebuilding Japan's infrastructure.
The Vanadium Paradox
The nation of China now requires almost 50 percent of the global supply of vanadium. The country’s demand grew by 13 percent between 2003 and 2009, while world production of vanadium increased by 7 percent between 2003 and 2008.
Vanadium Production Powered by the BRIC-Wall
Four nations have locked their hands on the wheel of vanadium production, becoming the driving force in both the supply and demand of steel.
Vanadium Mining in Canada
Canada is moving up on the list when it comes to vanadium production, and therefore is well positioned to capitalize on the current green energy push.
Vanadium and Steel Bound Together?
With 80 percent of the world’s vanadium used in steel, steel production obviously plays a key roll in determining the demand for the mineral.
