Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 860/mt ($135/mt) |
-RMB 30/mt ($4/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 57,000/mt ($8,948/mt) |
-RMB 1,000/mt ($157/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.37
Source: SteelHome