US ferro-molybdenum, molybdic oxide specifications update

Following a 30-day consultation period, Fastmarkets has amended the minimum accepted tonnage for data collection of United States ferro-molybdenum and molybdic oxide from 10 tonnes to five tonnes.

The specifications for the affected prices are as follows:

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 lb
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: In-warehouse US
Unit: US dollars per lb
Publication: Once a week, every Thursday

The 30-day consultation period for this proposed amendment began on May 12 and ended on June 13. No market feedback was received regarding the change in minimum accepted tonnage for data collection.

The changes will take place beginning with the weekly assessment from June 16.

To provide feedback on this change 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 proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.
Fastmarkets launched a suite of CIF India aluminium scrap prices on Wednesday April 17.
Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments, as part of its announced annual methodology review process.
This consultation, which is open until May 16, 2024, seeks to ensure that our methodologies continue to reflect the physical graphic paper market, in compliance with the International Organization of Securities Commissions’ (IOSCO) Principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Fastmarkets FOEX […]
Fastmarkets launches MB-STE-0914 steel coil 55% Al-Zn coated steel import, South Korean-made, ddp Gulf Ports, and MB-STE-0915 steel coil 55% Al-Zn coated steel import, non-South Korean-made, ddp Gulf Ports on Tuesday April 16.
Fastmarkets will amend the frequency of its aluminium low-carbon differential P1020A, US Midwest and its aluminium low-carbon differential value-added product, US Midwest as of the assessment on Friday May 3.