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What is ferrovanadium? In which field is it mainly used? What are its specific functions?
Ferrovanadium Ferrovanadium: An intermediate alloy of iron and titanium obtained by reduction, with a vanadium content of not less than 35.0% (weight) and not more than 85.0% (weight). Ferrovanadium is an important alloying additive in the steel industry. Vanadium can improve the strength, toughness, ductility and heat resistance of steel. Since the 1960s, the application of vanadium in the steel industry has increased dramatically, accounting for 85% of vanadium consumption by 1988. The consumption ratio of vanadium in steel is 20% for carbon steel, 25% for high-strength low-alloy steel, 20% for alloy steel, and 15% for tool steel. Vanadium-containing high-strength low-alloy steel (HSLA) is widely used in the production and construction of oil/gas pipelines, buildings, bridges, rails, pressure vessels, carriage frames, etc. due to its high strength. At present, the application range of various vanadium-containing steels is getting wider and wider.