It is predicted that FeMo market price in Chinese market won’t drop further since it has reached bottom, but its rise is expected as early as revival of steel industry on September. Oversea Molybdenum Oxide price also bottomed and would not rise notably till ...

[Ferro-Alloys.com] In mid-July, Chinese FeMo price dropped to RMB65,000/mt by acceptance. Steel mills cut the tender volume in the slack season, the transaction price drifted lower, such as RMB70,500/mt was confirmed. Overseas moly oxide transacted at USD6.3/l...

[Ferro-Alloys.com]In May, 2015, China exported 65.66mt FeMo, down 42.3% from last May (113.86mt), but 130.32times higher than April (0.5mt).

[Ferro-Alloys.com]In summer, overseas moly suppliers quitted the market for holidays. Low operation rate of steel mills degraded the demand for raw materials, so the entire transaction of moly was limited.

[Ferro-Alloys.com]In mid-July, Chinese FeMo price dropped to RMB65,000/mt by acceptance. Steel mills cut the tender volume in the slack season, the transaction price drifted lower.

[Ferro-Alloys.com] Chinese FeMo was quoted at RMB71,000-72,000/mt by acceptance. In late month, steel mills intensively launched bids, however, in the upcoming summer, steel mills cut buying volumes.

[Ferro-Alloys.com]Chinese FeMo was quoted at RMB71,000-72,000/mt by acceptance. In late month, steel mills intensively launched bids, however, in the upcoming summer, steel mills cut buying volumes. The transaction price hit a new low to RMB67,700/mt.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD9.3/lbMo. Approaching the summer vacations, customers quitted the market for holidays.