China Molybdenum Prices - Jan. 11, 2019

Details: Category: Tungsten's News; Published on Friday, 11 January 2019 17:36

China molybdenum prices are in the downward trend in the week to Friday January 11 as large mines drop their new offer levels and prices of steel biddings are under pressure. With the approaching of Chinese New Year, market trend remains unclear, and thus market participants take a watchful stance.

In January, a steel mill in Jiangsu province plans to issue buy tender for 300 tons of ferro molybdenum at RMB 106,580/t; Shandong Shouguang Giant Energy Special Steel issues buy tender for 20 tons at RMB 109,500/t; Fushun Special Steel will tender 100 tons at RMB 108,000/t; a steel mill in Hebei province will tender 200 tons at RMB 109,000/t; Dalian Special Steel pans to tender 100 tons at RMB 109,000/t.

Prices of molybdenum products on Jan. 11, 2019

China molybdenum prices picture