NewsFlash / Minor Metals / Molybdenum Prices Expected to Stay Firm Amid Improving Demand and Profits
Molybdenum Prices Expected to Stay Firm Amid Improving Demand and Profits
iconNov 14, 2024 20:03
[SMM Analysis: Demand and Profits Improve, Molybdenum Prices Expected to Remain Firm] Recently, molybdenum-free stainless steel products have seen slim profits, coupled with weak downstream market demand and price declines, resulting in reduced purchasing willingness. However, due to the firm prices and positive feedback advantages in profit margins of molybdenum-containing stainless steel, steel mills have increased and adjusted their production schedules for such steel, further securing the monthly demand for ferromolybdenum...
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