[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Steel mills pressed the tender price, so high-priced materials couldn’t be transacted. The major transaction price of FeMo was RMB74,500/mt by acceptance.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.7/lbMo, as the buying volumes increased a bit. Consumers without spot inventory needed to supplement materials, but the demand was temporal.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.6/lbMo, as buyers had little intention of purchasing materials.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Major steel mill’s tender price slipped to RMB74,000-74,500/mt by acceptance. Resource tax increase had little effect on moly price.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB77,000-78,000/mt by acceptance. Major steel mills such as Baosteel and Taiyuan Iron & Steel will enter the market, whose tender price affects FeMo trend. A steel mills in East China tendered 120mt FeMo, transact...

[Ferro-Alloys.com]Overseas moly oxide was offered at USD7.9-8/lbMo, and transacted at USD7.8-7.9/lbMo. Despite that the 15% export duty of moly oxide was removed, export price didn’t drop much.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB77,000-79,000/mt by acceptance. Major steel mills in high debt pressed the tender price and delayed payment, leading to FeMo suppliers unprofitable.

[Ferro-Alloys.com]Overseas moly oxide price dropped to USD7.8-7.9/lbMo, as the spot demand was slim. Steel mills decreased the buying volumes of raw materials, leading to moly oxide downturn.