Ferrovanadium is an alloy of iron with 60% - 80% vanadium. FeV has a deoxidizing effect on steel. In addition, vanadium improves the alloy structure of steels, particularly by increasing hardness, toughness and resistance to impact and impact. FeV is obtained either by aluminothermic reduction of a mixture of vanadium oxide and scrap iron or by reduction of a vanadium-iron mixture with coal. It is used as an alloy additive for steels in proportions of <0.2% for structural steels, up to 0.5% for tool steels and up to 5% for high-speed steels. In 2020, Vanadium was traded over the platform at 20.11-23.10 €/kg V for FeV and 5.40-6.80 $/lb V for V2O5 flakes.
Steel applications include gears components, axles, crankshafts, and other highly critical steel components.
|Name||Price Range 2020||Abbreviation||Size (mm)||V Content (%)|
|Ferrovanadium||20.19 - 23.20 €/kg V||FeV||0.5 - 5 (fines)||75 - 85|
|Ferrovanadium||20.11 - 23.10 €/kg V||FeV||10 - 100 (lumpy)||75 - 85|
|Vanadium Pentoxide flakes||5.40 - 6.80 $/lb V||V2O5 flakes||55 x 55||98 - 100|
Ferrovanadium is an alloy of iron and vanadium with a vanadium content of 35-85 wt% which is mainly used in steel production.
Vanadium pentoxide flakes are a vanadium intermediate mostly used as a base for the production of ferrovanadium.
Vanadium pentoxide is also available in form of powder.
Vanadium carbonitride briquettes are an alloying agent that, in addition to vanadium, also enables the cost-effective addition of nitrogen to steel melts.
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