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[Ferro-Alloys.com]Chinese FeMo was quoted at RMB57,000-58,000/mt by acceptance. In late month of September, steel mills dropped tender price to RMB55,400/mt by acceptance.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD4.8-4.9/lbMo, global crude oil and steel price dropped, pulling down upstream metal and alloy price.

[Ferro-Alloys.com]In August,2015, China exported 41mt FeMo, down 62.7% M-o-M(110mt), and 80% Y-o-Y(206mt).

[Ferro-Alloys.com]Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. In late month, major steel mills successively entered the market, but they pressed the tender price.

[Ferro-Alloys.com]Overseas moly oxide transacted at USD5.7/lbMo, as consumers purchased required volumes. Bulk commodity price dropped amid sluggish economy in Europe.

[Ferro-Alloys.com] Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. Steel mills purchased small volumes, deals concentrating on scattered buying activities.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB57,000-58,000/mt by acceptance. Steel mills purchased small volumes, deals concentrating on scattered buying activities.

[Ferro-Alloys.com]Affected by Chilean earthquake, overseas moly oxide price rose to USD5.8/lbMo. Chilean earthquake didn’t really influence moly output, but local ports might be affected.