Baoshan Announces Tender Purchase Price for 60-B Ferromolybdenum

Published: Nov 27, 2024 13:51

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[SMM Molybdenum News] On November 26, 2024, Baosteel Co., Ltd. (Baoshan) announced the latest tender purchase price for 60-B ferromolybdenum at 233,000-233,500 yuan/mt (acceptance), with a delivery date before December 16.

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A Jiangxi mine sold 96 mt of molybdenum concentrates at a winning bid price of 5,430 yuan/mtu.

[Molybdenum Flash] SMM, September 3: A mine in Jiangxi sold 96 mt of 45%-50% molybdenum concentrates (average copper 1.99%, average phosphorus 0.081%) at a transaction price of 5,430 yuan/mtu, with a bid floor of 5,410 yuan/mtu. It also sold 544 mt of 40%-45% molybdenum concentrates (average copper 4.09%, average phosphorus 0.085%) at a transaction price of 5,395 yuan/mtu, with a bid floor of 5,380 yuan/mtu. All the above transactions were settled with 35% cash and 65% acceptance.

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