European moly prices continue free fall

Jul 12, 2013 | 01:31 PM | Claire Hack

Tags  ferromolybdenum, molybdic oxide, ferroalloy prices, European prices, Claire Hack

LONDON — European ferromolybdenum and molybdic oxide prices remained under pressure July 12 as supplies continued to outweigh demand and no supporting factors emerged to prevent them from falling further.

AMM sister publication Metal Bulletin’s in-warehouse Rotterdam quotation for ferromolybdenum dropped to $24.30 to $24.60 per kilogram, while molybdic oxide fell to $9.50 to $9.60 per pound.....

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