Vanadium is an important alloying element, which is mainly used in iron and steel industry. Vanadium containing steel has high strength, great toughness, good wear resistance and other excellent characteristics, so it is widely used in machinery, automobile, shipbuilding, railway, aviation, bridge, electronic technology, national defense industry and other industries, the consumption of vanadium about 85%, the use of steel industry in vanadium accounted for the largest proportion. The demand of steel industry directly affects vanadium market. About 10 percent of vanadium is used in titanium alloys for the aerospace industry. Vanadium can be used as stabilizer and strengthening agent in titanium alloy, which makes titanium alloy have good ductility and plasticity. In addition, vanadium is mainly used as a catalyst and colorant in the chemical industry. Vanadium is also used in the production of rechargeable hydrogen batteries or vanadium REDOX batteries.
The iron and steel industry
About 85% of the metal vanadium is added in the form of ferric vanadium and vanadium nitrogen alloy in steel production to improve the strength, toughness, ductility and heat resistance of steel. High strength alloy steel containing vanadium is widely used in the production and construction of oil/gas pipelines, buildings, Bridges and rails. High strength alloy steel containing vanadium mainly includes: high strength low alloy (HSLA) steel (comprehensive); HSLA steel plate; HSLA steel; HSLA steel strip; Advanced high strength strip steel; Threaded reinforcement for construction; High carbon steel wire; Rail; Tools and die steel, etc.
Applications of vanadium
Vanadium is an important alloying element, which is mainly used in iron and steel industry. Vanadium containing steel has high strength, great toughness, good wear resistance and other excellent characteristics, so it is widely used in machinery, automobile, shipbuilding, railway, aviation, bridge, electronic technology, national defense industry and other industries, the consumption of vanadium about 85%, the use of steel industry in vanadium accounted for the largest proportion. The demand of steel industry directly affects vanadium market. About 10 percent of vanadium is used in titanium alloys for the aerospace industry. Vanadium can be used as stabilizer and strengthening agent in titanium alloy, which makes titanium alloy have good ductility and plasticity. In addition, vanadium is mainly used as a catalyst and colorant in the chemical industry. Vanadium is also used in the production of rechargeable hydrogen batteries or vanadium REDOX batteries.
The iron and steel industry
About 85% of the metal vanadium is added in the form of ferric vanadium and vanadium nitrogen alloy in steel production to improve the strength, toughness, ductility and heat resistance of steel. High strength alloy steel containing vanadium is widely used in the production and construction of oil/gas pipelines, buildings, Bridges and rails. High strength alloy steel containing vanadium mainly includes: high strength low alloy (HSLA) steel (comprehensive); HSLA steel plate; HSLA steel; HSLA steel strip; Advanced high strength strip steel; Threaded reinforcement for construction; High carbon steel wire; Rail; Tools and die steel, etc.