[Ferro-Alloys.com] Chinese FeMo60 was offered at RMB88,000/mt (USD14,426/mt, export duty excluded) by cash. In early month, steel mills tendered limited volumes of FeMo, pressing buying price to RMB89,000/mt (USD14,590/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]Chinese FeMo60 was offered at RMB88,000/mt (USD14,426/mt, export duty excluded) by cash.

[Ferro-Alloys.com]Overseas moly oxide price hit USD9/lbMo, and it was possible to slip below USD9/lbMo before the yearend. When it comes to the Christmas holidays, some consumers were loath to stock excessive materials, so they were cautious to sign orders.

[Ferro-Alloys.com] Chinese FeMo price stabilized at RMB91,000-92,000/mt (USD14,918-15,081/mt, export duty excluded) by acceptance, after a brief slip.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD9.3-9.4/lbMo, which was pulled up by increased trading activities. USD9.1/lbMo was the price low level, traders are willing to buy materials at this point.

[Ferro-Alloys.com]Chinese FeMo price stabilized at RMB91,000-92,000/mt (USD14,918-15,081/mt, export duty excluded) by acceptance, after a brief slip.

[Ferro-Alloys.com] Chinese FeMo60 was offered at RMB90,000-91,000/mt (USD14,754-14,918/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]Overseas moly oxide price stabilized at USD9.1-9.2/lbMo. The entire demand was weak, with scattered deals visible.