Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 900/mt ($141/mt) |
-RMB 50/mt ($8/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 62,000/mt ($9,703/mt) |
- |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.39
Source: SteelHome