
Molybdenum market update on March 24, 2025 At the beginning of the week, the overall domestic molybdenum market improved slightly, mainly reflected in the rebound of product prices and the increase in the enthusiasm of downstream users to inquire and purchase. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum powder are consolidated at around 3,330 yuan/ton, 218,000 yuan/ton and 400 yuan/kg respectively. Recently, the steel companies that have bid for ferromolybdenum include Huaigang Special Steel, Northeast Special Steel, Dongfang…