Molybdenum News Center

Molybdenum Powder Price - Oct. 16, 2018

Molybdenum market price in China: The domestic molybdenum price continued to stabilize and the operation was good, and the business mentality was stable.

First, the price of molybdenum raw materials is firm, and the cost side supports the follow-up of downstream manufacturers. Second, the price of Ferro molybdenum bidding for steel plants has recovered, boosting the market mentality and showing optimism.

In addition, the environmental protection situation in Henan and Liaoning affects smelting. The production activities of the plant are limited, and the trading price of the molybdenum products on the market is up.

According to the news, South Korea's Pohang October 2018 tender price for molybdenum oxide was announced. The high copper molybdenum oxide block was 12.2 US dollars per pound of molybdenum, which was lowered by 0.15 US dollars per pound of molybdenum in the previous round. The bidding quantity was 100 tons.

Shandong Shouguang Giant Energy Special Steel has a new round of bidding for 30 tons of Ferro molybdenum. The acceptance price of tax-included factory is 137,500 Yuan per ton, up by 3,000 Yuan per ton from the previous week.

Prices of molybdenum products on Oct. 16, 2018

Picture of molybdenum powder

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