[Ferro-Alloys.com] In mid-July, Chinese FeMo price dropped to RMB65,000/mt by acceptance. Steel mills cut the tender volume in the slack season, the transaction price drifted lower, such as RMB70,500/mt was confirmed. Overseas moly oxide transacted at USD6.3/l...

[Ferro-Alloys.com]In May, 2015, China exported 65.66mt FeMo, down 42.3% from last May (113.86mt), but 130.32times higher than April (0.5mt).

[Ferro-Alloys.com]In summer, overseas moly suppliers quitted the market for holidays. Low operation rate of steel mills degraded the demand for raw materials, so the entire transaction of moly was limited.

[Ferro-Alloys.com]In mid-July, Chinese FeMo price dropped to RMB65,000/mt by acceptance. Steel mills cut the tender volume in the slack season, the transaction price drifted lower.

[Ferro-Alloys.com] Chinese FeMo was quoted at RMB71,000-72,000/mt by acceptance. In late month, steel mills intensively launched bids, however, in the upcoming summer, steel mills cut buying volumes.

[Ferro-Alloys.com]Chinese FeMo was quoted at RMB71,000-72,000/mt by acceptance. In late month, steel mills intensively launched bids, however, in the upcoming summer, steel mills cut buying volumes. The transaction price hit a new low to RMB67,700/mt.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD9.3/lbMo. Approaching the summer vacations, customers quitted the market for holidays.

[Ferro-Alloys.com] After the Dragon Boat Festival, Chinese FeMo price slipped to RMB73,000-74,000/mt by acceptance. Downstream steel mills slowed stocking, so FeMo deals were slim. The transaction price approached RMB70,000/mt by acceptance. Overseas moly oxid...