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[Ferro-Alloys.com]With no support in the form of demand, moly prices continued to slide. The only reason oxide prices didn’t fall under $10 per lb was that no consumer deals were concluded. Inter-trade deals, however, were done at $9.80-9.90 per lb. Producers reported receiving more inquiries from traders. Some traders are looking at this as a buying opportunity while others are not convinced. FeMo prices also softened in Europe, with sales reported under $25 per kg. In the US, pallet sales of FeMo were concluded at $12.