European Molybdenum Market On Sep.3, 2013
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- Category: Molybdenum's News
- Published on 04 September 2013
- Written by Elva
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European molybdenum prices increase due to wave of new enquiries.
European molybdenum oxide 57%min powder prices jumped USD0.10-0.20lb on Thursday to range between USD9.65-9.75lb in warehouse Rotterdam, whilst ferromolybdenum 65%min offers climbed above USD24.00kg Mo to range between USD23.90-24.50kg Mo in warehouse Rotterdam.
Sources in Europe highlighted strong interest in western produced molybdenum products from buyers in China and across Asia as the main reason for firmer offers in the European market this week. One large European supplier of molybdenum products revealed on Thursday that prices in Europe had been heavily increaed.
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