Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 860/mt ($128/mt) |
-RMB 70/mt ($10/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 61,000/mt ($9,118/mt) |
- RMB 3,000/mt ($448/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.69
Source: SteelHome