Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 820/mt ($127/mt) |
+ RMB 10/mt ($2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 59,500/mt ($9,182/mt) |
+ RMB 500/mt ($78/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.48
Source: SteelHome