
Molybdenum market update on May 8, 2025 The domestic molybdenum market in China maintains a relatively positive outlook, with high shipment initiative from molybdenum mining companies and concentrated ferromolybdenum tendering by steel companies driving stable product prices and decent market trading activity. Today, prices for molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 3,500 yuan/ton-degree, 229,000 yuan/ton, and 418 yuan/kg, respectively. From the supply side: first, with stable weather conditions and favorable raw material prices, molybdenum mining companies are maintaining…