
Molybdenum market update on July 21, 2025 At the beginning of the week, the domestic molybdenum market continued to trend weakly, driven by steel companies’ persistent downward pressure on ferromolybdenum prices and the gradual weakening of earlier bullish support, leading to slightly insufficient confidence among raw material suppliers in maintaining stable prices. Today, molybdenum concentrate price decreased by approximately 30 yuan per ton-degree. Against this backdrop, prices of other molybdenum products also saw varying degrees of decline: sodium molybdate price…