Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,100-1,120/mt ($177-181/mt) |
-RMB 20/mt ($3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 76,000/mt ($12,258/mt) |
- |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.20
Source: SteelHome