Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 930/mt ($140/mt) |
-RMB 50/mt ($8/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 64,000/mt ($10,301/mt) |
- RMB 5,000/mt ($752/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.65
Source: SteelHome