115 times viewed. Sunday, 09 Sep 2012According to National Development and Reform Commission (NDRC), Vanadium Steel output should be strictly controled in the 12th Five Year Period and newly increased steel capacity is prohibited definitely.

Vanadic titanomagnetite resources in Panzhihua and Liangshan, Sichuan province will be emphasised on the development and ilmenite resources in central Yunan province will be developed moderately.

By the end of 2015, the backward capacity of vanadium extraction and ferrotitanium smelting production lines, etc will be washed out.