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Sunday, 30 November 2014

China Vanadium Industry Report 2014-2017 - Global Market Size, share, trends, growth and forecast

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The world’s recoverable V reserves to this point has been recorded at fourteen million tons, chiefly found in China, Russia, African nation and alternative countries. In 2013, roughly 151,000 loads of V (V2O5 Equivalent) was made worldwide, up St Martin's Day year on year. the world V consumption augmented at associate degree AAGR of half dozen.7% throughout the amount 2001-2013, of which, the iron and industry because the biggest shopper accounted for over ninetieth in 2013, followed by vanadium-titanium alloy and industry.

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China, the world’s largest vanadium-producing country with a capability of over one hundred kt/a, contributed fifty seven to the world’s V (V2O5 Equivalent) production in 2013. It conjointly has the fastest-growing and highest consumption of V merchandise within the world, with V (V2O5 Equivalent) consumption rising from five.3 kilotons to fifty seven kilotons in 2001-2013 (an AAGR of twenty-two or so) as a results of promotion and use of vanadium-containing high-strength ill-shapen steel bars grade III and grade IV.

China’s V business is very targeted in Pangang cluster V metal & Resources Co., Ltd., Hebei province Iron & Steel cluster Co., Ltd. and alternative massive steelmakers since most of the first V ore investors like Xining Special Steel Co., Ltd., Zhejiang Hailiang Co., Ltd. and Shanghai Dingli Technology Development (Group) Co., Ltd. haven’t entered substantial production nonetheless.

Pangang cluster V metal & Resources as China’s largest V production enterprise currently boasts a production capability of twenty kt/a V product (V2O5 Equivalent). Besides, it's the sole high-vanadium ferroalloy (FeV80) manufacturer there. within the half of 2014, the company’s V merchandise reaped RMB1.61 billion in revenue, down 4.8% year on year.

Hebei Iron & Steel is one amongst the most important vanadium-titanium production bases in China. It currently has six vanadium-nitrogen alloy production lines, with merchandise exported to over ten countries and regions, representing associate degree just about 8 May 1945 share in international V market. The company’s revenue from V merchandise within the half of 2014 was RMB388 million, up 2.4% year on year.

Table of Content

1. Introduction to Vanadium
2. Global Vanadium Market
3. China Vanadium Market
4. Major Vanadium Manufacturers in the World
5. Major Vanadium Manufacturers in China
6. Summary and Forecast

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