Ferro Molybdenum Price - Feb. 10, 2018

Details: Category: Tungsten's News; Published on Saturday, 10 February 2018 18:56; Written by Shuxia; Hits: 686

Ferro molybdenum price maintain stability this week. From the point of steel biddings, as of Friday, steel mills purchase 500 tonnes of ferromolybdenum, with price of RMB 108,000-109,500/t in four large companies at Beijing, Tianjin, Jiangsu provinces. Another steel factory in Jiangsu province entered the market to purchase further 120 tonnes of ferromolybdenum yesterday.

Insiders forecasted that the price will fall, but it is now hard for the market a substantive impact when the holiday is coming. According to some ferromolybdenum enterprises, they have received some enquiries from foreign countries and have exported small amount of goods. Ferro molybdenum was quoted at $16,744-17,519/t, unchanged with the previous week.

Prices of molybdenum products on Feb. 10, 2018

ferro molybdenum price picture