Molybdenum Powder Price - March 14, 2022

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and bar prices go up slightly at the beginning of the week. Under the influence of factors such as the slack supply of molybdenum concentrate, the rising price of steel and the continuous increase in the international molybdenum market, traders are generally active when entering the market. 

In terms of news: In 2021, CITIC Special Steel achieved steel sales of 14.53 million tons, a year-on-year increase of 3.87%, and exports of 1.315 million tons; operating income was 97.3 billion yuan, a year-on-year increase of 27.58%; net profit attributable to the parent was 7.953 billion yuan, a year-on-year increase of 31.84%; weighted The average return on net assets is 26.78%, an increase of 3.86 percentage points year-on-year, and it is planned to distribute 8 yuan for 10 distributions.

Prices of molybdenum products on March 14, 2022

Picture of molybdenum bar 

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