[Ferro-Alloys.com]European moly oxide price continued to rise due to tight supply and strong demand. Moly oxide transaction price rose to USD--/lbMo, and deals were rather active, excluded the suspension in the Easter holidays. Overseas stainless steel output ...

Chinese FeMo price kept steady, and deals were strong. In late month, steel mills launched intensive tenders, biding at RMB92,000/mt (USD15,081/mt, export duty excluded) by acceptance. Mills pressed buying price of FeMo, but suppliers rejected to sell material...

[Ferro-Alloys.com]Up to Sep 29th, overseas moly price continued to drop amid poor demand, with moly oxide to USD11.25-11.55/lbMo

In June, domestic and overseas moly price continued to slide due to low demand. Steel output decreased as the government eliminated out-of-date productivity and curbed power.