Ferro-alloys prices nudge upward, but FeMo dips after midweek jump

Fastmarkets’ ferro-alloys price assessments for the week ending Friday February 17 reflected slightly increased prices for ferro-tungsten and ferro-vanadium. But the price for ferro-molybdenum, having jumped on Wednesday, came back down slightly by Friday with consumers buying on a “hand-to-mouth” basis.

“Ferro-moly[bdenum] ‘blew up’,” a trader said to describe the situation that developed from Monday to Wednesday, when prices went to $98 per kg and higher from $90-92 per kg earlier....


Sofia Okun

February 17, 2023

18:15 GMT