[Ferro-Alloys.com]Overseas moly oxide price drifted down to USD8.4-8.5/lbMo, but customers had little intention of purchasing raw materials. In early March, moly oxide price rise was driven by more buying in Asia, presently bearish sentiment dominated the mark...

[Ferro-Alloys.com]Chinese FeMo was offered at RMB81,000-82,000/mt by acceptance. Chinese steel market recovered, and some steel price improved a bit. Major steel mills such as Baosteel, Taiyuan Iron&Steel didn’t launch tenders, deals concentrating on scattere...

[Ferro-Alloys.com]Overseas moly oxide transacted at USD8.7/lbMo. Last week, the market was relatively active, but faded away this week.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB81,000-82,000/mt (USD13,278-13,442/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]Chinese FeMo60 was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]Overseas moly oxide price edged up to USD8.25/lbMo. As steel’s operation rate was normal, consumers purchased materials on long-term contract, instead of spot buying activities.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. In mid-month, steel capacity surplus and price drop led to less demand for moly materials.

[Ferro-Alloys.com]Overseas moly oxide transaction price was USD8-8.1/lbMo, but deals were slim. The low operation rate of steel industry degraded the demand for moly materials, so buyers were watchful.