Ferromolybdenum Market In China
- Details
- Category: Molybdenum's News
- Published on 07 January 2014
- Written by Elva
- Hits: 726
As some steel mills released their purchasing price of ferromolybdenum and the concluded price is about RMB2,000t USD0.56kg Mo lower than that of last time, participants believe that ferromolybdenum price will go down further in the coming weeks because of the sluggish stainless steel market situation at present.
A producer in Liaoning, with an output of 700tpm of ferromolybdenum, sold several batches of ferromolybdenum 60%min for RMB96,500-112,000.
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