Ferro Molybdenum Price - December 28, 2020

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and molybdenum oxide prices stabilize on December 28, 2020 with the impact of active steel tenders and good tender prices. 

In the first week after the holiday of Christmas, the activity of the international molybdenum market has not yet fully recovered to the pre-holiday level, which has hindered the recovery of the domestic export market to a certain extent. In general, the current overall market volume needs to be further amplified. 

In terms of news: in mid-December 2020, key statistical iron and steel enterprises produced a total of 22,016,200 tons of crude steel, 19,350,800 tons of pig iron, 21,365,800 tons of steel, and 3,256,600 tons of coke.

Prices of molybdenum products on December 28, 2020

ferro molybdenum price image

Picture of molybdenum block 

molybdenum block image

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