Prices, data and news on the China Molybdenum Market

China's FeMo prices recover on cost support

China's prices of ferromolybdenum (FeMo) have recovered since the start of this month, as domestic smelters have leveraged higher prices of moly concentrate, the crucial raw material, to argue that customers must help offset their increased production costs, Mysteel Global learned.

China's FeMo prices ease to 6-month low

China's prices of ferromolybdenum (FeMo) have steadily declined of late, with the price of 60% FeMo in Northeast China, a major production hub for the noble alloy, reaching Yuan 232,000/tonne ($32,761/t) including the 13% VAT as of November 27, falling by Yuan 11,000/t on week and marking the lowest

Negative sentiment drags down China's FeMo prices

China's prices of ferromolybdenum (FeMo) continued to move down amid prevailing negative market sentiment and poor spot transactions for the ferroalloy. As of September 24, the price of 60% FeMo in Northeast China, a major production hub for the noble alloy, was assessed by Mysteel at Yuan 278,000/t

China's FeMo prices lose ground, sentiment softens

China's prices of ferromolybdenum (FeMo) have lost ground as market sentiment has weakened with the fall in bidding prices from steel mills, Mysteel Global learned.

CMOC's moly output slips 5% on year in H1

Molybdenum output at Shanghai- and Hongkong-listed CMOC Group Limited (CMOC) totalled 6,989 tonnes in 100% moly content during this year's January-June period, falling by 360 tonnes or 4.9% from the same period last year, according to the company's latest semi-annual report.