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  • Monthly Molybdenum Market Report Mar 2023

    2023-04-12 20:23:17   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    In March, stainless-steel market demand kept reducing and prices dropped significantly, which brought huge dropping pressure on molybdenum price trend. As steel-mills' bidding volume stayed at a much lower level than market expectation, ferromolybdenum market lost it's confidence and suppliers chose to drop prices to clear inventory.Asian Metal Copyright In international molybdenum market, due to the weak demand in spot market and sufficient supply in spot market, the market saw negative mentality, and market prices kept moving down.Asian Metal Copyright Due to the declining raw material prices, downstream molybdenum chemical products and molybdenum metal consumers all preferred to watch the market.Asian Metal Copyright Market Highlights In March, stainless-steel market demand kept reducing and prices dropped significantly, which brought huge dropping pressure on molybdenum price trend.Asian Metal Copyright The market saw little confidence and prices maintained slumping due to the high inventory pressure.

    In international molybdenum market, due to the weak demand in spot market and sufficient supply in spot market, the market saw negative mentality, and market prices kept moving down.
    .Asian Metal Copyright Due to the declining raw material prices, downstream molybdenum chemical products and molybdenum metal consumers all preferred to watch the marketAsian Metal Copyright
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