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FERRO MOLYBDENUM PRICES TENDS TO RECOVER ACCORDING TO METAL BULLETIN 03/12/2012

Metal Bulletin reported last November 30 that Ferro Molybdenum prices are having an upward revision to 28 USD/kg.

After mild but steady decline that has taken place since beginning of autumn and which had set the price of the ferroalloy below $27 level.

The prices of molybdenum oxide are also experiencing some recovery, something softer, and are now over the 11 USD/lb level, just around the $ 11.30/lb.

 

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