Overseas Moly Oxide Price Slipped amid Soft Demand

  • Wednesday, September 24, 2014
  • Source:ferro-alloys.com

  • Keywords:FeMo ferromoly moly concentrates moly oxide
[Fellow][Ferro-Alloys.com]Overseas moly oxide transacted at USD11.4-11.5/lbMo, USD1/lbMo lower than last week. European steel mills’ operation rate was low, so local demand didn’t increase much. Japanese and S Korean customers were active in buying materials, and a ...

[Ferro-Alloys.com]Overseas moly oxide transacted at USD11.4-11.5/lbMo, USD1/lbMo lower than last week. European steel mills’ operation rate was low, so local demand didn’t increase much. Japanese and S Korean customers were active in buying materials, and a Sichuan exporter sold two containers of moly oxide at USD11.4-11.5/lbMo.

It is expected that overseas moly oxide price would stabilize. European steel mills will tender FeMo, if its price is high, the FeMo market will recover a bit.

European FeMo transacted at USD28.5/kgMo, closing to the lowest level since April.

Copyright © 2014 Ferro-Alloys.Com. All Rights Reserved. Please write to wangyingyu@ferro-alloys.com for help.

  • [Editor:Mango]

Tell Us What You Think

please login!   login   register
  • Buy & Sell

 
Please be logged in to comment!