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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 PittsburghQuality: Molybdenum 65.00-70.00%Quantity: Min 5 tonnesLocation: In-warehouse PittsburghUnit: US dollars per poundPublication: Once a week, every Thursday
MB-MO-0001 Molybdenum canned molybdic oxide, in-whs PittsburghQuality: 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 tonnesLocation: FOB warehouseUnit: US dollars per poundPublication: 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.