Molybdenum Market Update - March 10, 2025

TZM film picture

Molybdenum market update on March 10, 2025

At the beginning of the week, the domestic molybdenum market continued to maintain a relatively weak performance, primarily due to factors such as lackluster inquiry and procurement activity from downstream users, low steel tender prices, and a fluctuating decline in international molybdenum prices.

Read more: Molybdenum Market Update - March 10, 2025

Two National Standards on Methods for Chemical Analysis of Tungsten Concentrate Released

tungsten concentrate image

According to the Ganzhou Municipal Market Regulation Administration, two national standards led by the Jiangxi Provincial Tungsten and Rare Earth Product Quality Supervision and Inspection Center - "Methods for Chemical Analysis of Tungsten Concentrates — Part 19: Determination of Fluoride Content — Ion Selective Electrode Method" (GB/T 6150.19-2025) and "Methods for Chemical Analysis of Tungsten Concentrates —  Part 20: Determination of Mercury Content — Solid Sampling and Direct Mercury Analysis Method" (GB/T 6150.20-2025) - were officially released on January 24, 2025. The establishment of these standards marks a significant milestone in the standardization progress of China's tungsten concentrate chemical analysis field, demonstrating the nation's technical capabilities and regulatory leadership in this domain.

Read more: Two National Standards on Methods for Chemical Analysis of Tungsten Concentrate Released

Molybdenum Market Update - March 7, 2025

Molybdenum copper sheet picture

Molybdenum market update on March 7, 2025

This week, the domestic molybdenum market in China exhibited an overall pattern of volatile decline, primarily attributed to the continuous drop in steel procurement price, a weak international molybdenum market, relatively abundant spot supply in the market, and a wavering confidence among suppliers in maintaining stable prices.

Read more: Molybdenum Market Update - March 7, 2025

Tungsten Prices Decline, Cobalt Prices Surge Over 10%

Picture of tungsten carbide balls

Analysis of latest tungsten market from Chinatungsten Online 

This week, the tungsten market trended generally weak. The downturn was driven by sluggish demand, a complex global political and economic environment, and rising trade barriers, which have dampened consumer confidence. Additionally, industry institutions and tungsten companies lowered their quotations, reflecting market weakness and undermining traders' pricing confidence.

Read more: Tungsten Prices Decline, Cobalt Prices Surge Over 10%

Declassification of Data on a Major Tungsten-Gold Deposit in Tajikistan

tungsten ore image

According to the Legal Information Network of the Ministry of Justice of Tajikistan, President Emomali Rahmon has ordered the declassification of data on the Ikal tungsten-gold deposit located 60 kilometers from Khorog in the Rushan District of the Gorno-Badakhshan Autonomous Region. This move aims to attract foreign investment. Currently, relevant data on this deposit is stored in the National Geological Information Reserve of the Tajikistan Geology Service. In addition to tungsten and gold, the deposit also contains copper and cobalt.

Read more: Declassification of Data on a Major Tungsten-Gold Deposit in Tajikistan

 

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