[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In late May, major steel mills entered the market, but the tender price was not as expected.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.7/lbMo amid limited demand. Buyers owned several stocks of raw materials, so they had little intention of buying materials.

[Ferro-Alloys.com]In April,2015 China exported 0.5mt FeMo, down 97% compared with 16.534mt last April. The export volume of March was zero mt.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. In late month, major steel mills actively entered the market to supplement materials, but they only purchased required volumes.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.6-7.7/lbMo.

[Ferro-Alloys.com]Overseas moly oxide price kept steady with transaction price at USD 7.68/lbMo. Moly oxide suppliers did not want to sell out the products, while buyers had little buying interest, so both sides were stalemated.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB76,000-77,000/mt by acceptance. Steel mills pressed the tender price, so high-priced materials couldn’t be transacted. The major transaction price of FeMo was RMB74,500/mt by acceptance.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD7.7/lbMo, as the buying volumes increased a bit. Consumers without spot inventory needed to supplement materials, but the demand was temporal.