Ferrovanadium is a kind of iron alloy, which can be obtained by reducing vanadium pentoxide with carbon in an electric furnace and can also be obtained by reducing vanadium pentoxide by the electric furnace silicon thermal method. It is widely used as an element additive for smelting vanadium-containing alloy steel and alloy cast iron and is also used to manufacture permanent magnets. The ferrovanadium produced in China has varieties such as V401 and V402, which contain about 40% vanadium. It is widely used as an element additive for smelting vanadium-containing alloy steel and alloy cast iron and is also used to manufacture permanent magnets.

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