Archives for November, 2018
There is much speculation today as to when the USD will cease to be the world’s reserve currency. Of course, the US itself is hastening its currency replacement through various sanctions and trade wars. So, the end is nigh. The excellent chart below (source: The Burning Platform) suggest that the…
I last wrote about vanadium in May 2017, you can read that post here. The vanadium pentoxide price (98% flake) was then little more than USD6/lb. Today it is USD33.90/lb in China (USD26.65/lb in Europe). The main driver for the increase is China’s new rebar (concrete reinforcing bar) standards that…