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[Ferro-Alloys.com]In early April, Chinese FeMo price softened. At the end of last month, major steel mills cut the tender price for FeMo to RMB77,000/mt, but middle & small mills’ transaction price just reached RMB80,000/mt. Presently, the FeMo buying activit...

[Ferro-Alloys.com]Overseas moly oxide was offered at USD8.3-8.4/lbMo, but the market was quiet due to Easter holidays. Exporters reported that customers didn’t send inquiries till tomorrow. European steel market was sluggish, decreasing the demand for moly ma...

[Ferro-Alloys.com]Overseas moly oxide price drifted down to USD8.4-8.5/lbMo, but customers had little intention of purchasing raw materials. In early March, moly oxide price rise was driven by more buying in Asia, presently bearish sentiment dominated the mark...

[Ferro-Alloys.com]Chinese FeMo was offered at RMB81,000-82,000/mt by acceptance. Chinese steel market recovered, and some steel price improved a bit. Major steel mills such as Baosteel, Taiyuan Iron&Steel didn’t launch tenders, deals concentrating on scattere...

[Ferro-Alloys.com]Overseas moly oxide transacted at USD8.7/lbMo. Last week, the market was relatively active, but faded away this week.

[Ferro-Alloys.com]Chinese FeMo was offered at RMB81,000-82,000/mt (USD13,278-13,442/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]Chinese FeMo60 was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance.

[Ferro-Alloys.com]Overseas moly oxide price edged up to USD8.25/lbMo. As steel’s operation rate was normal, consumers purchased materials on long-term contract, instead of spot buying activities.