Ferro Molybdenum Price - Oct. 16, 2017
- Details
- Category: Molybdenum's News
- Published on 16 October 2017
- Written by may
- Hits: 248
Molybdenum market in China: The latest price of molybdenum concentrate and molybdenum oxide is unchanged from the previous trading day and ferro molybdenum price edges lower. The new bidding prices in steel mills declined slightly compared with September, hurting market confidence.
Besides, with the coming of the 19th National Congress, operating rate in mines declines and production in downstream enterprises also is limited, so domestic molybdenum price will remain weak in the short term.
Price of molybdenum products on Oct. 16, 2017
Picture of molybdenum oxide
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