The ferro-molybdenum, basis 65%, in-warehouse Rotterdam price
has risen to $29.50-29.70 per kg, from $28.80-29 per kg on November 30. Around 65 tonnes of alloy was reported traded at $29.50-29.60 per kg, with reports of offer prices as much as $29.70 per kg.
The ferro-molybdenum market is targeting $30 per kg, a level last seen at the start of August.
For oxide, Fastmarkets assessed the price of European drummed molybdic oxide, in-warehouse Rotterdam, at $12.30-12.40 per lb on Wednesday, from...