This week, prices have kept growing in the FeMo segment, although demand has not changed, according to traders? reports. Mo product suppliers do not sell to trading companies right now. Traders? inventories are depleted, so producers insist on substantial bonuses. Prices for FeMo
(65-70% Mo) have climbed by 1.5% to 12.7-13/lb Mo DDP.
Batches of 5 t can be sold at $13.6/lb Mo DDP. The Mo oxide cost has risen by 2.7% w-o-w to $11-11.2/lb Mo DDP. FeV (75-80% V) is still sold at $12.8-13.2/lb V DDP and FeTi (70% Ti) ? at $2.75-2.90/lb Ti DDP.
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