Chinese ferro-moly steadies

Ferro-molybdenum prices are holding up in China despite slow business during the Chinese New Year lull.

One Hong Kong merchant told MB.com: "Very thin volumes were traded over the past few days and most of the ferro-moly producers and miners now prefer to talk about business only after the end of the Lunar New Year celebrations," "Anything below $9.50 per kg fob seems to be unacceptable now,"...

Published

January 29, 2003

09:00 GMT

Singapore