Ferro Molybdenum Price - Mar. 26, 2018
- Details
- Category: Molybdenum's News
- Published on 26 March 2018
- Written by may
- Hits: 159
Ferro molybdenum price dropped last week, affected by poor performance of steel mills. At the same time, ferromolybdenum manufacturers transferred the pressure to raw material market, resulting the decline in transaction prices of molybdenum concentrate. Affected by that, trading for molybdenum powder reduced and thus domestic molybdenum market was weak on the whole.
The quotation from mines and actual transaction prices of ferro molybdenum are completely not in the same pace. Though molybdenum concentrate supply is relatively tight, ferro molybdenum manufacturers are very reluctant to sell and the demand also decline. Considering the unbalanced supply and demand, molybdenum concentrate price still has space to decline.
Prices of molybdenum products on Mar. 26, 2018
Picture of ferro molybdenum
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