Product |
Price |
Weekly price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 770/mt ($121/mt) |
-RMB 30/mt ($5/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 52,000/mt ($8,150/mt) |
- |
Ex-works |
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.38
Source: SteelHome