Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 1,310/mt ($214/mt) |
-RMB 10/mt ($2/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 93,000/mt ($15,171/mt) |
-RMB 1,000/mt ($163/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.13
Source: SteelHome