Ferrovanadium is used primarily as an alloying agent in steel production. It improves the strength, toughness and wear resistance of steel, making it particularly valuable in the production of high-strength low-alloy steels (HSLA), which are used in a variety of applications including:
- Construction: Ferrovanadium improves the mechanical properties of steel used in buildings, bridges and infrastructure.
- Automotive: It is used to produce stronger steel components for cars, resulting in improved safety and weight reduction.
- Aerospace: Ferrovanadium is used in high-performance alloys required for aerospace applications, providing the necessary strength at low weight.
- Industrial machinery: Ferrovanadium is also used in steel for heavy equipment and tools where strength and wear resistance are critical.