Prices for ferro-molybdenum and molybdic oxide rallied during the second half of the week ended Friday January 29 while concerns about interrupted shipments from Chile reduced the hopes that tightness in Europe and Asia might ease in the near term.
Fastmarkets' price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam, widened upward to $24.60-26.00 per kg on January 29, up by 2.3% from the midweek assessment of $24.60-24.85 per kg.And the assessment...