In China, rising prices for ferro

In China, the rising prices of ferro. About this claim by market participants. According to them, the cost of 60% Ferro now is 143-146 thousand yuan / ton (36,05-36,81 U.S. $ / kg). In turn, the price of molybdenum concentrate is 2070-2100 yuan per 1% of the content material (14,2-14,41 U.S. $ / kg). Earlier it was reported that China in January-October 2010 compared with the same period in 2009 almost halved the import of molybdenum oxide. According to the estimates for the 10 months of this year, deliveries amounted to 20.664 thousand tons against 41.976 tons a year earlier. The main suppliers of molybdenum oxide in the PRC are: Chile (7.475 tonnes), Mexico (1.878 tonnes), Belgium (1.603 tonnes), South Korea (658 tons) and Germany (206 tons). Chinese imports of concentrates of molybdenum in the reporting period amounted to 5.102 thousand tons. A year earlier the figure was 11.959 tonnes. The main suppliers of steel products: Mongolia (2.103 tonnes), Chile (1.462 tonnes) and Peru (239 tonnes). First representative of Beijing Antaike Hayhua Xu said that the demand for molybdenum in the PRC from 2010 to 2015 will grow by 10%. Also, experts believe that the production of molybdenum concentrate in the country during the same period will increase by 5% per year. Ministry of Industry