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.