China Molybdenum Prices - Mar. 01, 2019

Details: Category: Tungsten's News; Published on Friday, 01 March 2019 17:34

China molybdenum prices started to stabilize after a period of rise. Steel mills slowed down the pace in tenders, which made ferro molybdenum manufacturers come back to rationality. The tightening availability of raw materials supported molybdenum concentrate sellers’ rised mentality, but continued weakness in the demand side weakened market confidence. In the short term, market participants would wait for the next move in steel biddings and environmental protection policy.

Prices of molybdenum products on Mar. 01, 2019

China molybdenum prices picture