Vanadium pentoxide and ferrovanadium used in high-strength steel and energy storage.
Reference level, set August 2026
Indicative reference: Ferrovanadium 80%, indicative level — no free live index available
MetalsPlace's indicative reference level for vanadium is about 32.00 USD/kg, set in August 2026. It is not a live quote and does not move daily: ferrovanadium 80%, indicative level — no free live index available. Contract prices are agreed between buyer and seller.
| Indicative level | ~32.00 USD/kg |
|---|---|
| Set | August 2026 |
| Type of figure | Indicative reference level (not a live quote) |
| What it measures | Ferrovanadium 80%, indicative level — no free live index available |
| Source | Not published: an indicative level set by MetalsPlace in August 2026, not taken from a named price index |
| Unit | USD/kg (US dollars per kilogram) |
Indicative only, not a contract price. How MetalsPlace sources its prices
Vanadium is a steel-hardening alloying element: the large majority of world supply ends up in high-strength low-alloy steel and rebar, added as ferrovanadium or nitrided vanadium. It is also the active material in vanadium redox flow batteries for grid storage. Most supply comes from China, Russia and South Africa, much of it as a co-product of steelmaking slag rather than from dedicated mines, and it is traded by contract rather than on an exchange.
Vanadium is not exchange-traded. Prices are agreed between buyers and sellers and tracked by price-reporting agencies, usually as vanadium pentoxide (V₂O₅) per pound or ferrovanadium per kilogram of contained vanadium. Quotes vary by form, purity, origin and delivery terms.
Demand is concentrated in one use — steel — and supply in a few countries, so changes in Chinese rebar rules or a disruption at a large slag-based producer can swing prices quickly. Flow-battery demand adds a newer, smaller source of volatility.
Yes. Spent refinery catalysts and vanadium-bearing slags are bought by specialist recyclers on assay. Post a listing on the MetalsPlace board with the material form, vanadium content and tonnage to reach buyers directly.
| Date | Price | Daily Change |
|---|---|---|
| Nov 10, 2026 | 32.00 | — |
| Nov 9, 2026 | 32.00 | — |
| Nov 8, 2026 | 32.00 | — |
| Nov 7, 2026 | 32.00 | — |
| Nov 6, 2026 | 32.00 | — |
| Nov 5, 2026 | 32.00 | — |
| Nov 4, 2026 | 32.00 | — |
| Nov 3, 2026 | 32.00 | — |
| Nov 2, 2026 | 32.00 | — |
| Nov 1, 2026 | 32.00 | — |
| Oct 31, 2026 | 32.00 | — |
| Oct 30, 2026 | 32.00 | — |
| Oct 29, 2026 | 32.00 | — |
| Oct 28, 2026 | 32.00 | — |
| Oct 27, 2026 | 32.00 | — |
| Oct 26, 2026 | 32.00 | — |
| Oct 25, 2026 | 32.00 | — |
| Oct 24, 2026 | 32.00 | — |
| Oct 23, 2026 | 32.00 | — |
| Oct 22, 2026 | 32.00 | — |
| Oct 21, 2026 | 32.00 | — |
| Oct 20, 2026 | 32.00 | — |
| Oct 19, 2026 | 32.00 | — |
| Oct 17, 2026 | 32.00 | — |
| Oct 16, 2026 | 32.00 | — |
| Oct 15, 2026 | 32.00 | — |
| Oct 14, 2026 | 32.00 | — |
| Oct 13, 2026 | 32.00 | — |
| Oct 12, 2026 | 32.00 | — |
| Oct 11, 2026 | 32.00 | — |
Prices are indicative and updated daily. Not for use as binding contract prices.