Molybdenum Powder Price – July 19, 2021
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- Category: tungsten‘s News
- Published on Tuesday, 20 July 2021 19:12
Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and molybdenum powder prices remain stable at the beginning of this week. The enthusiasm of steel companies to take goods and the bidding price were considerable, which were the main reasons for the good mentality of molybdenum enterprises.
In addition, on the supply side, environmental protection pressure has led to a decrease in the output of some intermediate smelting companies, which is also one of the reasons why the overall market is reluctant to sell. However, the tepid international molybdenum market has a certain inhibitory effect on the warming of the domestic molybdenum market.
In the news: As of July 17, a total of 237 companies across the country have completed or are implementing ultra-low emission transformation of approximately 650 million tons of crude steel production capacity, accounting for about 61% of the country’s crude steel production capacity.
Prices of molybdenum products on July 19, 2021
Picture of molybdenum powder
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