Metalnewsnet 14 Apr :

Today, Ferromolybdenum market is stable. Today, the mainstream market price is 152000-155000 Yuan / ton (including tax); mainstream transaction price is 150000-153000 Yuan / ton; some manufactures offer at 156000-158000 Yuan/ ton.

MNN learned Taiyuan Iron tender 500 tons in price of 150000 Yuan / ton. Domestic Molybdenum iron market is in a calm situation and transaction prices are slightly increase. MNN estimate if the International Molybdenum market prices increase then Ferromolybdenum market will increase.