Copying and distributing are prohibited without permission of the publisher
Chinese FeMo offered on European market
August 10, 2009 - 00:00 GMT
Comeback - 60% metal in Europe for the first time this year
Chinese ferro-molybdenum is being offered in Europe for the first time this year after Western grade material prices settled above $40 for the first time since late October 2008.
While ferro-molybdenum basis 65-70% and molybdic oxide have been soaring in recent months, there has been practically no business transacted in Europe of China-origin ferro-molybdenum basis 60% so far in 2009.
Western ferro-molybdenum prices have risen 83% and moly oxide is up by 100% in the last three months.
Ferro-molybdenum basis 65-70% rose to $41-43 per kg on...
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
Subscribe
A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.
Subscribe
Free trial
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.
Free trial