Nanjing Iron & Steel announces June bidding results for ferromolybdenum

Date:Jun 8, 2018

BEIJING (Asian Metal) 8 Jun 18 – Nanjing Iron & Steel Co., Ltd. announced its June bidding results for ferromolybdenum.

The company opened bidding on June 6th to purchase 90t of ferromolybdenum 50%min. Its final purchase price for the material came out to be RMB201,500/t (USD63.04/kg Mo) Inc-VAT delivered D/A 6 months.

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