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May.30:Ferromoly market update
   Hits:   UpdateTime:2018-5-30 15:00:38
Keyword:mo,ferromoly,price
Elan Website Press:

Ferromolybdenum: According to comelan incomplete statistics,so far mainstream steelmakers in China have tendered more than 9000 tons in total(the final data remains to be updated).Part of steel mills delayed announcing its offer intentionally to pressure molybdenum enterprises to make compromise.However,enterprises are firmly tresuring their products and not showing strong interest in selling at a low level ,due to the firm material price and well-performed demand for steel.At present,the offer of ferromoly enterprises in China is basically between 10,8000-11,2000 yuan/t,and the biding price of some bulk products is between 10,8000-11,0000 yuan/t.But the trading volume is not big,and the bulk market shows a strong attitude of wait and see.

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