EU FeMo prices up but still lag oxide

European FeMo prices rose to $59-59.50 per kg, up a dollar compared to last week, but converters point out that FeMo prices still are out of sync with oxide prices, which also have inched upward to $25.50-25.80 per lb. FeMo converters say they need prices of $60-61 per kg to cover their production costs. Inter-trade…


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