Ferro-molybdenum prices soar in Europe after buying flurry in Asia

Ferro-molybdenum prices soared as much as 9.2% week on week in Europe on Friday August 11, buoyed by strong demand in Asia in recent weeks.

Fastmarkets’ twice-weekly price assessment of ferro-molybdenum 65% Mo min, in-whs Rotterdam jumped on the low end to $59.00-60.50 per kg on Friday, from $56.00-60.50 per kg Mo on Wednesday August...

Published

Zdravko Cherkezov

August 11, 2023

17:35 GMT

Sofia