Movement mixed for European and US prices - NOBLE ALLOYS

FROM OUR NEW YORK OFFICE
European ferro-molybdenum prices started to fall this week as Chinese
producers lowered their offer prices.
One major deal was reported with a large European customer taking a
significant quantity of 60% material from several sources at prices
ranging up from $7.35 per lb duty paid delivered. However, this appeared
to be the bottom of the range for business last week and was some way

below where...

Published

December 21, 1998

00:00 GMT

M B NF23