Molybdenum Powder Price - Oct. 15, 2018

Details: Category: Tungsten's News; Published on Monday, 15 October 2018 16:51

Molybdenum market quotation in China: At the beginning of the week, the domestic molybdenum price remained stable. Due to the environmental protection actions of Liaoning and other places, the spot resources of raw materials were generally tight, and the bidding atmosphere of steel mills was relatively favorable, which boosted the sentiment of manufacturers and the market activity was also positive. Overall, the molybdenum market shows optimism in the short term, but the business is still cautious about demand performance.

According to the news, Xiangtan Iron & Steel Co., Ltd. in October 2018, the second round (new round) of tendering Ferro molybdenum 70 tons, including tax into the factory acceptance price of 136,000 Yuan per ton, the previous round of price increases by 7,000 Yuan per ton.

Prices of molybdenum products on Oct. 15, 2018

molybdenum powder price picture