NOBLE ALLOYS WRAP: Summer lull casts shadow over noble alloys markets

摘要

Noble alloys markets fell quiet in Europe on Friday June 10, as thetraditional summer shutdown period looms.Metal Bulletin-assessed ferro-molybdenum prices remained at$19-19.50 per kg, while molybdic oxide prices gained 5 cents on thelow to end the week at $8.10-8.25 per lb.“No one is really doing anything, and I think expectations areslightly lower [for the coming days]. You might find some smallerdeals going [but that’s it],” a trader said.