Molybdenum News Center

Molybdenum Concentrate and Ferro Molybdenum Price Firms Up

According to related news, in molybdenum raw material, international molybdenum raw material price continues to rise. China's domestic molybdenum concentrate is short in supply, which is difficult to purchase. Besides, many major molybdenum enterprises hold the high offer of raw material. Supported by these factors, resulting in molybdenum concentrate price firms up, but the actual transactions is limited, because many manufactures still hold see and wait attitude.

In ferro molybdenum, due to molybdenum raw materials prices rising, ferro molybdenum price has also increased. On the other hand, some small steel factories purchases ferro molybdenum at higher prices. So ferro molybdenum price goes up sharply. It is expected that the price will continues to go up in the future.

Throughout the molybdenum market, the current international molybdenum prices continued to rise. And China's domestic molybdenum concentrate and ferro molybdenum prices also increase. It is expected that molybdenum and other related products of molybdenum will rise in the short term, and manufacturers hold the positive attitude.

Ferro molybdenum is composed of iron and molybdenum, which generally contents 50% ~ 60% molybdenum, and it is often as an alloying additive used in steelmaking. As we know, adding some molybdenum can make steel having a uniform fine grain structure, improving the steel hardenability, helping to eliminate temper brittleness. In high-speed steel, molybdenum can replace a part of tungsten. In addition, molybdenum and other alloying elements fit together is widely used in the production of stainless steel, heat-resistant steel, acid-resistant steel and tool steel, and alloys with special physical properties. Molybdenum can be added to increase its strength and wear resistance in cast iron.

The raw material for ferro molybdenum production mainly is molybdenite (MoS2). Before smelting put the molybdenum concentrate in the multiple hearth furnace to obtain molybdenum raw material and sulfur content is less than 0.07%. Use ferrosilicon which contents 75% silicon and a small amount of aluminum particles as the reducing agent, after sintered to obtain molybdenum iron ingots. Place it in the sand nest for cooling, after finally broken, finishing to give ferromolybdenum. The metal recovery rate is 92 to 99%. In recent years, the steel industry is widely used molybdenum oxide briquette instead of ferro molybdenum, not only it has high using efficiency, but it can produce steel products with good performance.

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