Moly oxide, European FeMoprices continue to slide

摘要

Molybdenum oxide andEuropean ferromolybdenum prices continuedon a downward trend Wednesday, as marketparticipants said they were at a loss toexplain the continuing pressure on pricing.Sales of oxide powder were reported inBusan at $8.65/lb and $8.75/lb. Briquetteswere heard traded in Rotterdam at $8.70/lb.The Platts daily dealer oxide assessmentfell to $8.60-8.70/lb from $8.68-8.75/lb,while the daily European ferromolybdenumassessment slipped to $21.50-22/kg.