Ferro Molybdenum Price - Nov. 02, 2018

Details: Category: Tungsten's News; Published on Friday, 02 November 2018 16:16

Prices of ammonium molybdate, ferromolybdenum and molybdenum bar rose slightly in the week to Friday November. Market sentiment tends to rationality, waiting for the next move in environmental protection and demand.

Offers of manufacturers were supported on tight supply and high production costs. But pressed by costs, terminal customers’ enthusiasm on purchasing cool. Coupled with uncertainty in steel biddings at the beginning of this month, molybdenum prices are hardly to rise in the short term.

Prices of molybdenum products on Nov. 02, 2018

ferro molybdenum price picture