Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,060/mt ($171/mt) |
- RMB 20/mt ($3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 74,000/mt ($11,916/mt) |
- RMB 500/mt ($81/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.21
Source: SteelHome