Ferro Molybdenum Price - July 10, 2019

Details: Category: Tungsten's News; Published on Wednesday, 10 July 2019 17:57

Chinese molybdenum prices maintain stability as the market is caught in heavy wait-and-see atmosphere and traders remained cautious sentiment. Due to environmental checks and heavy rains, the production of raw materials is decreasing and market inquiry becomes active.

Confidence in the ferro molybdenum market is weak on quiet tenders of steel mills. But the market now keeps stable. Pressed by the terminal side, molybdenum chemical and product companies mainly take a watchful stance. The cost of replenishing raw materials still is high. Considering now guide prices in the market, prices stabilize.

Prices of molybdenum products on July 10, 2019

ferro molybdenum price image