Ferro Molybdenum Price - Oct. 16, 2017

Details: Category: Tungsten's News; Published on Monday, 16 October 2017 14:46; Hits: 476

Molybdenum market in China: The latest price of molybdenum concentrate and molybdenum oxide is unchanged from the previous trading day and ferro molybdenum price edges lower.

The new bidding prices in steel mills declined slightly compared with September, hurting market confidence. Besides, with the coming of the 19th National Congress, operating rate in mines declines and production in downstream enterprises also is limited, so domestic molybdenum price will remain weak in the short term.

Price of molybdenum products on Oct. 16, 2017

molybdenum products price picture