Ferro Molybdenum Price - Mar. 16, 2018
- Details
- Category: Molybdenum's News
- Published on 16 March 2018
- Written by may
- Hits: 186
The tight supply of molybdenum raw material will continue until the end of the month. Given that, Chinatungsten Online believes that miners would not reduce their quotation forwardly, so molybdenum price will mainly stabilize in the short term. Certainly, enterprises that face capital pressure may increase shipment by cutting profits.
In the view of mentality of steel mills, a new round of centralized purchasing is expected to be carried out in early April. Ferromolybdenum manufacturers facing high production costs and large orders are likely to maintain the current price. Though traders make shipments at low price, the limited spot goods in their stocks will not have a great impact on ferro molybdenum price
Prices of molybdenum products on Mar. 16, 2018
Picture of ferro molybdenum
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