Molybdenum Market Update - February 26, 2025

Molybdenum wire picture

Molybdenum market update on February 26, 2025

The domestic molybdenum market as a whole presented a steadily weak operating trend. In the complex situation where bullish and bearish factors were intertwined, buyers and sellers engaged in fierce price-setting battles, and most of them adopted a cautious wait-and-see stance, resulting in sluggish order growth.

Read more: Molybdenum Market Update - February 26, 2025

Tungsten Waste and Scrap Market Weakens

Picture of tungsten flux

Analysis of latest tungsten market from Chinatungsten Online 

The tungsten market is under pressure, with insufficient domestic demand incentives and a challenging foreign trade environment. Participants adopt a cautious approach, leading to sluggish market shipments and softened quotes.

Read more: Tungsten Waste and Scrap Market Weakens

Potential Tungsten and Tin Resources Discovered in Victoria

tungsten alloy cylinder image

According to media reports, the Resources Victoria, Australia, in collaboration with the United States Geological Survey, has recently completed a study on granites located in central and eastern Victoria. This study has, for the first time, confirmed the potential presence of tin and tungsten resources in these granite regions.

Read more: Potential Tungsten and Tin Resources Discovered in Victoria

Molybdenum Market Update - February 25, 2025

Molybdenum wire picture

Molybdenum market update on February 25, 2025

The domestic molybdenum market as a whole remains in a stalemate. With the supply and demand relationship relatively balanced and no major news released in the market, traders are generally in a state of sentiment to enter the market, so the actual transaction volume is limited. At present, the industry focuses on the performance of steel bidding activities at the end of the month.

Read more: Molybdenum Market Update - February 25, 2025

Tungsten Powder Prices Decline

Picture of tungsten powder

Analysis of latest tungsten market from Chinatungsten Online

Tungsten prices remained stable on Monday, as the tug-of-war between market supply and demand remained intense. Overall trade confidence was under pressure, and transaction prices mainly referred to the long-term contract prices of major tungsten enterprises.

Read more: Tungsten Powder Prices Decline

 

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