Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 980/mt ($158/mt) |
-RMB 40/mt ($6/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 68,000/mt ($10,950/mt) |
-RMB 3,000/mt ($483/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.21
Source: SteelHome