Ferro Molybdenum Price – Mar. 07, 2018
- Category: tungsten’s News
- Published on Wednesday, 07 March 2018 18:26
Affected by good performance of China’s molybdenum market, price besides China keeps rising, which further stimulates export of molybdenum products in China. Spot goods are tight in domestic market while demand is increasing. The unbalance pulls molybdenum raw material price up and strong rised mentality of sellers.
Steel mills are coming into the market to purchase ferro molybdenum. Most ferromolybdenum manufacturers with limited spot goods mainly carry out pre-orders. Some of them even stop quoting due to tightening availability of raw material. Chinatungsten Online forecasts that molybdenum raw material price will continue to rise on increasing terminal demand.
Prices of molybdenum products on Mar. 07, 2018
Picture of ferro molybdenum
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