Platts enhances European Ferromolybdenum pricing

Platts will increase the frequency of the now-weekly assessment of MMAFA00 (Ferromolybdenum Europe Wk) to a daily assessment on May 1, 2014, (with a description change to MW European 65% Ferromolybdenum) to add more clarity. Platts has created a new weekly average and will amend the description of the related monthly average so that all of these will be aligned.

Platts will start publishing the weekly average of MW European 65% Ferromolybdenum beginning Friday May 2, 2014. Daily assessment will be published in Metals Daily, Metals Week and Platts Metal Alert. Weekly average will be published on Fridays in Metals Week and Platts Metals Alert.

Launch date for daily assessment will begin May 1, 2014.