Recently, the United States Geological Survey (USGS) released the global molybdenum production and reserves in 2024, as well as the situation of the U.S. molybdenum industry. The following is the relevant content compiled by China Tungsten Online.

Tungsten, a metallic element, has long been the focus of attention in the industrial sector due to its high strength, high density, and excellent corrosion resistance. It plays a crucial role in various fields such as carbide alloys, specialty steels, and electronic materials, and is widely used in mechanical processing, optoelectronic information, aerospace, national defense, and military industries.

Molybdenum market update on February 20, 2025

The domestic molybdenum market as a whole maintained a stable operation, mainly reflected in the fact that traders basically maintained rigid transactions and product prices did not change significantly.

Molybdenum market update on February 19, 2025

The domestic molybdenum market is generally experiencing a pattern of negative decline and consolidation.