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CCMA Sales
CCMA Sales
1 year ago

POSCO booked 60 MT of MoOx Briquettes on tender at 11.70 just now. FeMo went at 27.90 for the same amount. That means powder should be 11.55-11.60. FeMo is under 28 objectively. The specter of a deficit and the concurrent bullishness on prices should now be defused.