European ferro-molybdenum price dips, oxide price stable

The European molybdenum market has continued the downtrend seen late last week and edged down in the first half of the week that began on Monday May 13, although oxide prices remained unchanged.

Fastmarkets assessed the price of European ferro-molybdenum, min 65%, in-warehouse Rotterdam, at $28.50-28.85 per kg on May 15, down from the assessment on May 10 of $28.80-29.10 per kg. Few deals for large tonnages of ferro-molybdenum have been concluded within the current range so far this week, after consumers resisted higher...

Published

Ewa Manthey

May 16, 2019

12:50 GMT

London