Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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January 2019 | Ferro-alloys

Subdued demand hits molybdenum prices globally: Molybdenum Highlights

The European oxide market is assessed at $10.60-10.80 per lb in-warehouse, while ferro-molybdenum was assessed at $25.20-25.70 per kg in-warehouse.

The European molybdenum oxide market has fallen to a six-month low and with underlying consumption in the stainless steel sector weaker than expected, we expect further weakness in the near term. Only a small drop of around 10-20 cents in oxide would see the market back to a level last seen in late 2017. In terms of alloy, the market has already fallen to a level last seen in late 2017, but there would...


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