FeMo Powder Price - May 3, 2018

Molybdenum price in China keeps stable on the whole as short supply of raw materials weakens enterprises’ willingness in transactions. In the meantime, the good performance in steel biddings last week boosted market mentality, coupled with the support of production cost, businesses keep firm quotation opening this week. 

Market demand is weak and downstream stainless steel manufacturers remain low buying interest in raw materials, plus the stable international molybdenum price, domestic molybdenum price is expected to stabilize in the short term.

Prices of molybdenum products on May 3, 2018

Picture of FeMo powder

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