As of November 12, the domestic price of 60%
ferromolywas assessed at Yuan 98,000/tonne ($13,961/t) including the 13%
VAT, down by another Yuan 5,000/t on week and touching the lowest level since
the Yuan 96,000/t was reached on December 12 2017, according to Mysteel’s
database.
Trading activity in the domestic ferromoly market has seen
some recovery
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