According to the calculation to figure out volumes of molybdenum import and export in pure Mo equivalent based on foreign trade statistics of United States Department of Commerce, the export volume during January to April in 2015 was 16.19 million lbs, down by...

[Ferro-Alloys.com]Chinese FeMo was offered at RMB75,000-76,000/mt by acceptance. In mid-month, steel mills pressed the tender price of FeMo, reportedly, A steel mill in East China tendered 50mt FeMo at RMB73,000/mt by acceptance.

[Ferro-Alloys.com]Overseas moly oxide price dropped, transacting at USD7.4/lbMo. In summer, European steel operation rate was low, and buyers owned raw materials stock, so spot deals were limited.

[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.