Chinese major steelmakers suspend ferromolybdenum purchases
2025-07-31 11:06:47
[Print]
On July 30, Taiyuan Iron and Steel (Group) Co.Asian Metal Copyright, and Tsingtuo Group Co.Asian Metal Copyright, Ltd.Asian Metal Copyright The companies condemned the irrational behavior in the ferromolybdenum market, saying it has caused pricing distortions in high-end molybdenum-containing stainless and special steel raw materials.Asian Metal Copyright ("TISCO"), CITIC Pacific Special Steel Group Co.Asian Metal Copyright jointly announced a suspension of ferromolybdenum purchases.Asian Metal Copyright, Ltd.Asian Metal Copyright The companies condemned the irrational behavior in the ferromolybdenum market, saying it has caused pricing distortions in high-end molybdenum-containing stainless and special steel raw materials.Asian Metal Copyright, and Tsingtuo Group Co.Asian Metal Copyright The move came in response to recent sharp price increases driven by speculation amid volatile molybdenum concentrate prices.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn July 30, Taiyuan Iron and Steel Group Co.Asian Metal Copyright jointly announced a suspension of ferromolybdenum purchases.Asian Metal Copyright jointly announced a suspension of ferromolybdenum purchases.Asian Metal Copyright The move came in response to recent sharp price increases driven by speculation amid volatile molybdenum concentrate prices.Asian Metal CopyrightOn July 30, Taiyuan Iron and Steel Group Co.Asian Metal Copyright The companies condemned the irrational behavior in the ferromolybdenum market, saying it has caused pricing distortions in high-end molybdenum-containing stainless and special steel raw materials.Asian Metal Copyright jointly announced a suspension of ferromolybdenum purchases.Asian Metal Copyright They urged the industry to resist speculation, return to fundamentals-based pricing, and work together to promote a healthier and more sustainable market.
.Asian Metal Copyright, and Tsingtuo Group CoAsian Metal Copyright
Molybdenum Conc. 45%min EXW China
Unit:RMB/dmtu
China molybdenum concentrate producers' sales to production ratio statistics by province by month
Unit: %
