Molybdenum finds no support, prices fall

摘要

London—Molybdenum prices continued to edge down June 3 on subdued demand while European ferromolybdenum fell to $19/kg as a mill tender saw sellers turn aggressive. The Platts daily European ferromolybdenum assessment fell to $19-$19.20/kg from $19.30-$19.50/kg on June 2. A European trader said offers had been heard from Russia at $19.20/kg, while others said they were offering at $19.20/kg in Rotterdam and told they were too high.