China Molybdenum Market - Dec. 04, 2018

Details: Category: Tungsten's News; Published on Tuesday, 04 December 2018 16:29; Written by Shuxia; Hits: 574

China molybdenum market quotation: Steel mills get a boost with a slight ease in recent Sino-US trade relations and thus businesses have more expectations for steel tenders. But due to continued imbalanced supply and demand, insiders are not active in stocking up.

On the one hand, raw material production is controlled by environmental protection and manufacturers face no high pressure of stock; on the other hand, under pressure of weak demand and fund shortage, downstream factories remain low buying interests. On the whole, the current market trend will continue in the short term.

Prices of molybdenum products on Dec. 04, 2018

China molybdenum market picture