On February 11, the tender price for ferromolybdenum at a steel mill in Shandong was 268,000 yuan/mt.

Overseas Molybdenum Market Rises Along with Increased Stocking Demand from Domestic Steel Mills, Molybdenum Market Advances [SMM Molybdenum Daily Review]

A large steel mill in Fujian raised its ferromolybdenum tender price by 13,000 on the 18th.