Proposal to amend US ferro-molybdenum and molybdic oxide minimum tonnage specifications

Fastmarkets proposes to amend the minimum accepted tonnage for data collection of US ferro-molybdenum and molybdic oxide from 10 tons to 5 tonnes.

The specifications for the affected prices are as follows, with the proposed amendments highlighted in bold:

MB-FEO-0002 Ferro-molybdenum 65-70% Mo, in-whs Pittsburgh
Quality: Molybdenum 65.00-70.00%
Quantity: Min 5 tonnes
Location: In-warehouse Pittsburgh
Unit: US dollars per pound
Publication: Once a week, every Thursday

MB-MO-0001 Molybdenum canned molybdic oxide, in-whs Pittsburgh
Quality: Molybdenum min. 57.00%, copper max. 0.50%; phosphorus 0.05%; lead 0.05%; sulfur 0.10%; carbon 0.10%; moisture 0.10%
Quantity: Min 5 tonnes
Location: FOB warehouse
Unit: US dollars per pound
Publication: Once a week, every Thursday

The consultation period for this proposed amendment will end 30 days from the date of this pricing notice on June 6. An update to this notice will be published on that day. Subject to market feedback, the proposed changes would take place beginning with the weekly assessment from June 9.

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to these assessments, please contact Ian Templeton by email at: pricing@fastmarkets.com. Please add the subject heading: FAO: Ian Templeton re: US Molybdenum pricing.

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday June 5, 2025.
This consultation was done as part of our annual methodology review process. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes […]
The assessments under review were: No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price […]
The following prices were published at 4:24pm London time, instead of by the scheduled time of 4pm London time: MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonneMB-IRO-0014 Pig iron import, cfr Italy, $/tonneMB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne These prices are a part of the Fastmarkets Steel Raw Materials Physical Prices package. For more […]
Fastmarkets’ Agriculture publishing schedule has been updated accordingly. You can find the publishing schedule here. For more information or to provide feedback on the publishing schedule update, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “Argentina Grains publishing schedule, 2025.” Please indicate if comments are confidential. Fastmarkets will consider all comments received […]