[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. The tender price from steel mills dropped f...

[Ferro-Alloys.com] Chinese FeMo stabilized at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance after the Spring Festival holidays.

[Ferro-Alloys.com] After the Spring Festival holidays, most suppliers didn’t resume production, so the entire deals were slim. Overseas moly oxide rebounded to USD8/lbMo.

[Ferro-Alloys.com] Chinese FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. Prior to the Spring Festival, steel mills have stocked enough raw materials, so FeMo transaction volumes decreased a bit, and price al...

[Ferro-Alloys.com] Chinese FeMo transacted at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. In early month, steel mills purchased small volumes, and delayed payment, so FeMo suppliers held pessimistic attitude. Overseas moly ox...

[Ferro-Alloys.com] Chinese FeMo was offered at RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded) by acceptance. Steel mills were unwilling to purchase excessive raw materials due to fund shortage, so the entire deals were limited.

[Ferro-Alloys.com] Chinese FeMo was offered at RMB82,000-83,000/mt (USD13,442-13,606/mt, export duty excluded) by acceptance. In mid-month, steel mills purchased limited volumes, so the entire deals were not much.

North America eclipsed China as the biggest producer of rare earth metal molybdenum in the second quarter of 2014, the International Molybdenum Association (IMOA) reports.