Molybdenum News Center

European Ferro-Molybdenum Prices Hit No Resistance on Downward Slide

European ferro-molybdenum and molybdic oxide prices have hit four-year lows as market participants brace for an influx of material in the next year and slackening demand in China.

Metal Bulletin’s quotation for ferro-molybdenum dropped to $25-25.50 per kg, in-warehouse Rotterdam, and molybdic oxide was down to $10-10.10 per lb.

Indications were also reported at levels as low as $24.80 and $9.90, although no business has yet been concluded at these levels. “We’ve not seen it like this since the financial crisis.


More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax：0592-5129797
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

• < Prev
• Next >