European ferro molybdenum market prices continue to rise slightly

Welcome to www.chinaferroalloy.com
Tuesday China's State Council announced the Tariff Commission from June 1 adjustment in the ferroalloy product export tariffs in the paper , which makes the international market molybdenum market prices continue to rise slightly. Wednesday and Friday from the British "metal Herald" (MB) of the market price, Molybdenum iron in the European market have soared to 78-79 dollars / kg molybdenum, locally in Rotterdam rose to 75-77 dollars / kg molybdenum, Molybdenum and in the European market also continued to rise to 33-34 dollars / pounds of molybdenum, the market situation, Although a certain degree has been our policy factors. But traders said that the European market at present there is still demand for, and many of the end-user demand in June remained relatively brisk, So there is demand in the market, based on the Chinese government's policy on the export promotion, European markets molybdenum prices continue rising trend.