Fastmarkets’ price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam
rose by 1.2% during the first half of the week, to $28.80-29.50 per kg from $28.50-29.10 per kg previously.
Fastmarkets’ price assessment for molybdenum MB drummed molybdic oxide Mo, in-whs Busan
was unchanged at $12.40-12.60 per lb on February 23, while prices for molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam
fell 5 cents, now also at $12.40-12.60 per lb.
“The market has taken a break after the past two weeks. It’s completely to be expected when you see such a tremendous rise in prices,” a producer source...