Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,210/mt ($195/mt) |
-RMB 30/mt ($5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 83,000/mt ($13,366/mt) |
-RMB 3,000/mt ($483/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.21
Source: SteelHome