Ferro Molybdenum Price – August 1, 2019

molybdenum powder image Molybdenum market quotation in China: the latest prices of ferro molybdenum, ammonium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day on cautious sentiment but good confidence of traders. 

In the molybdenum concentrate market, the second round of environmental protection inspectors and some mining enterprises stopping production result in the shortage of supply, so most sellers keep firm offers. Steel mills slow down the pace of tendering ferro molybdenum, and new increased orders reduce. With the support of high cost of molybdenum concentrate, smelters are difficult to buy raw materials. The molybdenum chemical and product market now keeps quiet on the whole.

Prices of molybdenum products on August 1, 2019

ferro molybdenum price image

Picture of molybdenum powder

molybdenum powder image

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