[Ferro-Alloys.com]Overseas moly oxide transacted at USD8.4/lbMo amid soft demand. Steel mills’ operation rate was low, as well as stocked enough raw materials, so downstream buying intention lowered.
In the three years of 2011-2013, the high FeNi price basically presented the stepwise decline. In 2011, the high FeNi was quoted at RMB1450-1550/Ni(ex-works price with tax, by cash) while in half 1 of 2012,
]In mid-Feb. of 2015, the FeB price in China had no much change compared with last month. The FeB18% was quoted at RMB21000-21500/mt. according several large producers
It was acknowledged that the high grade nickel ores spot price started to recover in end Nov. after more than half years’ decline. From Dec. 2014 to Feb. 2015, the nickel ores price