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Vanadium is a high melting point rare metal, as a very valuable strategic resource, known as the "monosodium glutamate of modern industry", is an important raw material for smelting alloy steel, vanadium nitrogen alloy sales output of 85% for iron and non-iron alloy, it can improve the strength, ductility and toughness of steel, can produce high strength low alloy steel, high-speed steel, tool steel, stainless steel, etc. Used in the production of cutting, pressure and other components.
Vanadium alloy is widely used in transportation, machinery, construction, oil and gas pipeline, bridge, pressure storage tank, rail, transmission tower and so on. High strength and heat resistant vanadium titanium alloy is widely used in aviation, rocket and aerospace industries. In the chemical industry, it is used as a catalyst for oxidation reactions, as a catalyst for producing sulfuric acid, refining petroleum and making dyes, and as a colorant for glass and ceramics that absorb ultraviolet and heat rays.