[Ferro-Alloys.com]Overseas moly oxide transacted at USD4.8-4.9/lbMo, global crude oil and steel price dropped, pulling down upstream metal and alloy price.
[Ferro-Alloys.com]Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. In late month, major steel mills successively entered the market, but they pressed the tender price.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.7/lbMo, as consumers purchased required volumes. Bulk commodity price dropped amid sluggish economy in Europe.
[Ferro-Alloys.com] Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. Steel mills purchased small volumes, deals concentrating on scattered buying activities.
[Ferro-Alloys.com]Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. Steel mills purchased small volumes, deals concentrating on scattered buying activities.
[Ferro-Alloys.com]Affected by Chilean earthquake, overseas moly oxide price rose to USD5.8/lbMo. Chilean earthquake didn’t really influence moly output, but local ports might be affected.
[Ferro-Alloys.com] Chinese FeMo price stabilized at RMB56,000/mt by cash in gold September. In mid-month, major steel mills didn’t launch tenders, deals concentrating on scattered buying activities.