Ammonium Molybdate Price - January 30, 2023
- Details
- Category: Molybdenum's News
- Published on 30 January 2023
- Written by Shuxia
- Hits: 162
Molybdenum market quotation in China: ferro molybdenum, ammonium molybdate, ammonium heptamolvbdate and other molybdenum raw materials prices increase after the holiday of the Lunar New Year.
The increase is mainly due to: during the Spring Festival, the prices of international molybdenum oxide and European molybdenum ferromolybdenum rose sharply, driving up the domestic molybdenum price; with the return of the Spring Festival, steel companies have successively entered the market to bid for ferromolybdenum, and the bidding price is acceptable, which greatly enhances the confidence of the holders to raise prices.
In terms of news: According to data from the China Iron and Steel Industry Association, in December 2022, key statistical iron and steel enterprises produced a total of 64.1024 million tons of crude steel, a year-on-year decrease of 8.20%; produced 58.5935 million tons of pig iron, a year-on-year decrease of 2.16%; down 1.13%.
Prices of molybdenum products on January 30, 2023
Picture of molybdenum sheet
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