Mysteel: Raw Material Market Highlight (Feb 6—Feb 10)
The imported iron ore presented upward tendency generally. From the forward side, high grade ores were still attractive by the mills. Port spot were active, especially on Wednesday when mills' enthusiasm was high, which resulted in transaction price kept going up.
Weekly Review of Special-alloy Market during Feb 06-Feb 10, 2017
The domestic Mo-series market had experienced a smooth running this week. By Friday, FeMo60 was quoted at 73000-75000 yuan/mt in Jinzhou. Mo concentrate ore 45% was quoted incl.tax at 1020-1040 yuan/mtu and Mo oxide offered at 1130-1140 yuan/mtu in Luanchuan.
Weekly Review on Global Ferroalloy Market Feb.05- Feb.11 2017
The global FeMo market was mixed.？European FeMo market also experienced a mixed situation.The？mainstream transaction price？fell from USD？18.25-18.8/kg to USD？17.95-18.5/kg？last week. Mo oxide price went down from USD 7.65-7.8/lb to USD 7.5-7.6/lb.