Average Cost and Profit of the Ferromolybdenum Industry from September 8, 2025 to September 12, 2025

September 8-12, 2025
This week, the average cost in the ferromolybdenum industry was 296,600 yuan/mt, with an average industry loss of 2,935 yuan/mt and an average industry profit margin of -1%.

During the week, molybdenum concentrate prices edged lower, but steel mills drove down purchasing prices, leading to a decline in ferromolybdenum transaction prices and an expansion of industry losses. In the short term, as low-priced molybdenum concentrate inventories are cleared from the market, molybdenum concentrate prices may have limited room for further significant declines. With production schedules for domestic molybdenum-containing steel expected to improve in September-October, the molybdenum market and industry costs are anticipated to fluctuate rangebound.

Note: The above data were calculated by SMM based on the weekly average prices of raw materials and products for the week. Due to variations in production raw material costs and ratios among different plants, the above data are for reference only.