VANADIUM SNAPSHOT: South Africa civil unrest sparks supply concerns, leading to higher prices in Europe

Key data from Fastmarkets’ pricing session in London on Friday, July 16.

Key drivers

Vanadium product prices increased in the week to Friday July 16, with producers and traders increasing offers rapidly due to widespread violence in South Africa, sparked by the jailing of former South African president Jacob Zuma. Following the riots, major ports of Durban and Richards Bay have been disrupted by days of violent protests, state logistics group Transnet said on Wednesday. Ferro-vanadium was...