[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In mid-month, the entire market was depressed, as downstream steel mills purchased small volumes.

According to the calculation to figure out volumes of molybdenum import and export in pure Mo equivalent based on foreign trade statistics of United States Department of Commerce, the export volume during January to April in 2015 was 16.19 million lbs, down by...

[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In mid-month, steel mills pressed the tender price of FeMo, reportedly, A steel mill in East China tendered 50mt FeMo at RMB73,000/mt by acceptance.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In late May, major steel mills entered the market, but the tender price was not as expected.

[Ferro-Alloys.com]In April,2015 China exported 0.5mt FeMo, down 97% compared with 16.534mt last April. The export volume of March was zero mt.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. In late month, major steel mills actively entered the market to supplement materials, but they only purchased required volumes.

[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]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.