This week, the average cost in the ferromolybdenum industry was 242,589 yuan/mt, the average industry profit was -189 yuan/mt, and the average industry profit margin was -0.08%. During the week, the price of molybdenum concentrate remained firm, but the ferromolybdenum steel bidding showed a trend of increased volume and decreased price due to the pressure from the demand side, causing the ferromolybdenum market to face an inverted price situation once again.