Prices have been trending up in the European market for Mo products this week. Those for Mo oxide (57% Mo) have added $1/lb Mo w-o-w.

[Ferro-Alloys.com] Chinese FeMo price rose slightly. However, steel mills didn’t launch intensive tenders, and business was concentrated on scattered purchase, with FeMo60 transacting at RMB93,000-94,000/mt (USD15,245-15,409/mt, export duty excluded) by accep...

MVC's first quarter molybdenum output also dropped 52% to 125,000lb from 258,000lb in 1Q13.

[Ferro-Alloys.com]Chinese FeMo was quoted at RMB95,000-96,000/mt(USD15,573-15,737/mt, export duty excluded) by acceptance. However, steel mills didn’t launch intensive tenders, business was concentrated on scattered purchase, with FeMo60 transacting at RMB93,...

[Ferro-Alloys.com]According to the Land and Resources Office of Tibet Autonomous Region, from 2011 to 2013, government and social organizations invested RMB3.872 billion in exploring ores.