This week, trading has remained week in the European market for molybdenum products, the number of inquiries for ferromolybdenum shipments growing. FeMo (60-70% Mo) are voiced at $31.9-32.3/kg Mo FCA Rotterdam ($31.9-32.5/kg Mo FCA Rotterdam last week). However, sellers tend to push offers up right now, which is why it is difficult to find the material cheaper than $32/t Mo FCA Rotterdam. Chinese alloy (60% Mo min) is available at $30.5/kg Mo CIF Rotterdam duty paid. Early this week, one steelmaker has bought 4 trucks of the product (65% Mo min) at $32/kg Mo DDP. Small batches have been sold to end users at $32.2-32.5/kg Mo DDP.

Mo oxide (57% Mo) is quoted at $13.1-13.2/lb Mo FCA Rotterdam ($13.15-13.2/lb Mo FCA Rotterdam), no sales reported.

• [Editor:Mango]