1017 
 W Withheld to avoid disclosing company proprietary data; included with "Other."

1lncludes other vanadium-iron-carbon alloys as well as vanadium oxides added
directly to steel 
 2Consists principally of vanadium.aluminum alloy, plus relatively small
quantities of other vanadium alloys and vanadium metal. 
 VANADIUM 
 
Table 5.—U.S. consumption and consumer stocks of vanadium materials,
by type 
(Short tons of contained vanadium) 
1'~YPe 
1984 
 
Consump~ tion 
Ending 
stocks 
1985 
 
Consumption 
Ending 
 
stocks 
Ferrovanadium1                                       
Oxide                                               
3,826 
26 
334 
W 
4,071 
18 
248 
 5 
Ammoniummetavanadate                                
W 
W 
W 
W 
Other2                                              
909 
115 
794 
107 
Total                                             
4,761 
449 
4,883 
360 
 
 
 
 
Table 6..—U.S. consumption of vanadium in 1985, by end use 
(Short tons of contained vanadium) 
 
End use 
 Quantity 
 
Steel: 
 Carbon 1,135 
 Stainless and heat.resiating 35 
 Full alloy 944 
 High-strength, low-alloy 1,383 
 Tool 522 
 Unspecifled. W 
      Total 4,019 
 Castirons 22 
 Superalloys 16 
 AlIo~s(excludingsteels and superalloys): 
   Cuttingandwear-resistantmaterials W 
   Welding and alloy bard-facing rods and materials  5 
   Nonferrous alloys 788 
   Otheralloys' W 
 Chemicals and ceramics: 
   Catalysts 14 
   Other2 W 
 Miscellaneous and unspecified 19 
 Grandtotal 4,883 
 
W Withheld to avoid disclosing company proprietary data included with "Miscellaneous
and unspecified." 
' Includes magnetic alloys. 
2lncludes pigments. 
 
 
 
PRICES 
 
The Metals Week price quotation for domestic 98% fused V205 (metallurgical.
grade) at the beginning of 1985 was $3.35 to $3.65 per pound of V205, f.o.b.
mifi. This price spread was established on May 15, 1981, and remained in
effect throughout all of 1985. The slowing of demand for ferrovanadium gave
little encouragement to do. 
mestic pentoxide producers, struggling to 
recover from the 1982-83 recession. Some discounting of metallurgical-grade
material continued throughout 1985 because of the strong but weakening dollar
and down. stream pressure from imports of ferrovanadium. 
 Prices for metallurgical-grade pentoxide in Japan and Western Europe firmed
dur. 
ing the first half of 1985 owing to increased production of ferrovanadium
by major converters and production constraints on exports of pentoxide from
China. Throughout the year, Highveld maintained its list price of $2.41 per
pound of V205 c.i.f. for 98% minimum fused pentoxide from the Republic of
South Africa. The European spot price for metallurgical-grade material increased
from $2.30 to $2.35 per pound in early January to a high in March and April
of $2.37 to $2.42. The spot price weakened during the second half of the
year, reaching a low of $2.05 to $2.15 in November and eventually closed
at $2.15 to $2.20. 
 The Metals Week price spread for technical air-dried V205 (chemical-grade)
of $4.10