A molybdenum iron tender by a steel mill in east China failed, and prices rebounded in the afternoon.

Published: Nov 13, 2025 16:52
[Ferro Molybdenum Steel Tender Information] SMM November 13 News: It is reported that a steel mill in east China launched a tender for 180 mt of ferro molybdenum on November 13, which ultimately failed. Recently, the ferro molybdenum market experienced a sharp decline, but steel mills have shown increased enthusiasm for participation. Driven by demand, ferro molybdenum prices have stopped falling and stabilized, with some ferroalloy plants suspending quotations. In the afternoon, transaction prices for spot orders rebounded.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
[Ferro Molybdenum Steel Tender Information] SMM November 13 News: It i - Shanghai Metals Market (SMM)