Molybdenum market report September 2015

The overall price of the domestic molybdenum saw a slower decrease in September over August and July.Asian Metal Copyright Some enterprises had shut down due to the heavily financial pressure.Asian Metal Copyright However, the market demand became weak significantly and it was harder for producers to recoup funds with difficulties in selling.Asian Metal Copyright Although there was no lower tender price in the market, some steel mills put off purchasing.Asian Metal Copyright Some enterprises had shut down due to the heavily financial pressure.Asian Metal Copyright .Asian Metal Copyright The tender price of the ferromolybdenum from the domestic steel mills at the end of September leveled off from early September.Asian Metal Copyright .Asian Metal Copyright Although there was no lower tender price in the market, some steel mills put off purchasing.Asian Metal Copyright However, the market demand became weak significantly and it was harder for producers to recoup funds with difficulties in selling.Asian Metal Copyright The overall price of molybdenum concentrate was stable, but few large-sized producers stopped production in September due to the heavily financial pressure for a long time.
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