[Ferro-Alloys.com]The market trading of ferromolybdenum have risen steadily. At present, Steel Mill was reported sold at RMB 84,000/ton to open tender, and retail market sold above 10 tons FeMo which was reported sold at RMB 82,000-84,000/ton, while local regi...

The Central Bank these days urgently issued the No. 48 document of Report on China Central Bank Office Dealing with Credit Policy in 2017 ( No. 48), it requires that practically and discriminatively implement credit policy.

The Tender of FeMo60-B of Hunan Steel Group

The Offer of FeMo of Beipiao Wanhong Molybdenum Co., LTD

According to data from General Administration of Customs of the People’s Republic of China, China exported 5.75 million tons steel products in February, 2017, which declined 29.1% year-on-year, and declined 22.5% compared to that of last month.

[Ferro-Alloys.com] International molybdenum continued to rise, and the high price of China molybdenum materials was a large number of clinch a deal. Today ferromolybdenum was quoted at RMB 81,000-84,000/ton, and there was have widened to trading ranges.

[Ferro-Alloys.com]Prices for chrome ores remain stable.

[Ferro-Alloys.com] POSCO has virtually ended its project to build a steel mill in eastern India as it seeks to return the plant site it borrowed from the Indian government.