[Ferro-Alloys.com]Chinese steel futures ran out of steam, inching slightly lower on Wednesday, as demand remained weak, but the contract held near its highest in almost three months.

[ferro-alloys.com] Price of Ferrovanadium released by Ansteel at the beginning of this week was RMB 185,000/MT, up RMB 5,000/MT from the last time.

[ferro-alloys.com] China’s steel purchasing managers’ index (PMI) for February stood at 34.08, according to SMM survey. This is down by 13.9 from January and by 21.94 from February last year.

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