Ferro Molybdenum Price - Mar. 01, 2018

International molybdenum prices increase on tightening raw material supply while China’s molybdenum market becomes active amid trading volumes climb and raw material prices keep firm with upward trend.

In the ferro molybdenum market, steel mills with low stocks start to enter the market for tender and bidding prices rise slightly compared with early February. Under the large quantity of steel biddings, ferro-molybdenum manufacturers have strong rised mentality and enterprises that needs capital urgently and have large inventories lower product quotations. Most manufacturers mainly hold cautious wait-and-see attitude toward high-price ferro molybdenum, so market trading increases slowly.

Prices of molybdenum products on Mar. 01, 2018

Picture of ferro molybdenum

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