NMC Resource Corporation has reported an 8% increase in molybdenum production and sales increased by 33% year-on-year for the nine months ended September 30, 2014.

[Ferro-Alloys.com]Chinese FeMo price moved up this week. The tenders from steel mills were positive, most of them transacting at RMB-/mt by acceptance.

[Ferro-Alloys.com] Chinese FeMo price kept steady, due to limited buying volumes of steel mills. In traditional dull season, steel mills earned little profit so that they couldn’t enlarge the tenders for raw materials.

[Ferro-Alloys.com] Chinese FeMo60 price dropped, as the demand of steel mills weakened. In late June, many major steel mills launched tenders, transacting at RMB-/mt by acceptance.

[Ferro-Alloys.com] Chinese FeMo offer dropped to RMB97,000-98,000/mt (USD15,901-16,065/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com] Chinese FeMo60 price dropped to RMB98,000-99,000/mt (USD16,065-16,229/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com] Chinese FeMo price kept steady, with quotation at RMB-/mt by acceptance.

[Ferro-Alloys.com] Chinese FeMo price softened, with offer being RMB-/mt by cash. In early June, the tenders from steel mills were several hundreds of tons, which was not as much as late May.