NewsFlash / Minor Metals / SMM Analysis: Will Molybdenum Prices Find Support and Rebound Amid Active Downstream Inquiries?
SMM Analysis: Will Molybdenum Prices Find Support and Rebound Amid Active Downstream Inquiries?
iconDec 13, 2024 19:35
Source:SMM
[SMM Analysis: Downstream Actively Inquiring, Will Molybdenum Prices Stop Falling and Rebound?] Overall, as large steel mills have not yet fully entered the market to release procurement demand, molybdenum prices are still expected to test new lows. It is worth noting that due to the widespread inversion in the ferromolybdenum market and the strong support for molybdenum raw material prices, there may be a situation where ferromolybdenum prices are difficult to suppress, and the bidding prices for ferromolybdenum may be pushed higher.

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