Molybdenum market report September 2015
2015-10-23 17:44:38 【Print】
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The overall price of the domestic molybdenum saw a slower decrease in September over August and July. However, the market demand became weak significantly and it was harder for producers to recoup funds with difficulties in selling. Some enterprises had shut down due to the heavily financial pressure. The tender price of the ferromolybdenum from the domestic steel mills at the end of September leveled off from early September. Although there was no lower tender price in the market, some steel mills put off purchasing. 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.












