Lack of Demand Renders Ferromolybdenum Prices Directionless

MetalBulletin reported that lower-than-expected demand is keeping ferromolybdenum prices drifting in Europe.

As quoted in the market news:

Metal Bulletin’s in-warehouse Rotterdam quote lost 10 cents on the top end, falling to $26.80-27.10 per kg, as most participants reported limited concluded business.

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