About Us
Contact Us

Mosten Alloy Co., Ltd.
Add: No.88 Jizhong Road, Shanghai,China    201609
Tel: +86 21 56656028
Fax: +86 21 56656030
Email: info@mostenalloy.com
News

The international molybdenum market is tight in spot and the demand is increasing

The international molybdenum market is tight in spot and the demand is increasing. The price of molybdenum oxide continues to rise. The daily distribution price of molybdenum oxide is 12-12.2 US dollars / lb molybdenum to 12.1-12.3 USD / lb molybdenum; European Ferro molybdenum daily quotation of 29.5-29.8 US dollars / kg molybdenum was raised to 30-30.3 US dollars / kg molybdenum. The domestic molybdenum concentrate market is still strong, and the current quotation for general grade molybdenum concentrate is 1650-1660 yuan per ton. The high grade molybdenum concentrate is 1670-1690 yuan / ton degree. The bidding price of a special steel enterprise is 108,000 yuan / basic ton. The market mentality of ferromolybdenum is different. In the later period, the trend of other steel plants is different, but the mainstream offer is still between 11.2-11.6 million yuan / basic ton.