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How much is the vanadium price tied to the steel price?


How much is the vanadium price tied to the steel price?
The answer: almost completely, at least for the immediate-term.
According to data supplied by Bushveld Minerals Ltd (LON:BMN), a major producer of vanadium, steel production accounted for around 92% of total vanadium demand in 2019. Steel production will continue to dominate vanadium demand for the foreseeable future too, although long-term there will likely be increasing use in vanadium redox-flow batteries, which are used to store grid power, amongst other things.
The benefits of using vanadium in steel are universally recognised. Adding vanadium refines the structure and grains of the steel, which reduces its sensitivity to overheating, and increases its strength and toughness. During the heat treatment of steel, the compounds produced by vanadium, carbon, and nitrogen prevents the grains from growing, resulting in steel with high strength and good plasticity and toughness. ....

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Biden's Palestinian question


Biden s green light for Israel
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The Gaza Strip is once again under attack. The Israel Defense Forces (IDF) has been blasting the area with air and artillery strikes, deliberately destroying numerous residential towers, and is now preparing ground operations. At time of writing, at least 122 Gazans had been killed. Hamas, meanwhile, has launched hundreds of rockets into Israeli territory, killing eight Israelis, but the vast majority of them have been shot down by the IDF s Iron Dome interceptor system.
What Israel is doing is a war crime: deliberate punishment of innocent civilians in order to beat Gaza into submission. Hamas is guilty of the same thing, but is so wildly overmatched in terms of firepower that the effects do not bear comparison. More importantly, the United States is deeply implicated in Israel s actions — not only does that country receive lavish American subsidies and d ....

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