Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 800/mt ($126/mt) |
-RMB 20/mt ($3/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 54,000/mt ($8,491/mt) |
-RMB 1,000/mt ($157/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.36
Source: SteelHome