2024.1.06-2024.1.10
This week, the average cost in the ferromolybdenum industry was 233,771 yuan/mt, the average profit was -270 yuan/mt, and the average profit margin was -0.12%.
This week, molybdenum mines maintained stable raw material shipment prices. Against the backdrop of limited acceptance of high-priced raw materials by steel mills, tender prices for ferromolybdenum were difficult to increase. Due to the tug-of-war between sellers and buyers, the ferromolybdenum market has yet to achieve positive profitability.

![Overseas Molybdenum Market Rises Along with Increased Stocking Demand from Domestic Steel Mills, Molybdenum Market Advances [SMM Molybdenum Daily Review]](https://imgqn.smm.cn/usercenter/gKDYO20251217171723.jpeg)

