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Recently, the United States Geological Survey (USGS) released the global molybdenum production and reserves in 2024, as well as the situation of the U.S. molybdenum industry. The following is the relevant content compiled by China Tungsten Online. Global Molybdenum Reserves and Production in 2024 In 2024, the estimated average U.S. molybdic oxide price decreased by 13% compared with that in 2023. Estimated U.S. total imports for consumption of molybdenum decreased slightly compared with those in 2023. Estimated U.S. total exports…

Molybdenum market update on February 20, 2025 The domestic molybdenum market as a whole maintained a stable operation, mainly reflected in the fact that traders basically maintained rigid transactions and product prices did not change significantly. In the short term, the shipment status of molybdenum mining enterprises and the trend of the international molybdenum market have become the focus of attention of industry insiders. According to China Tungsten Online, the current market positive factors include: First, the international molybdenum price…

Molybdenum market update on February 18, 2025 The domestic molybdenum market generally maintains a weakly consolidated operation. Amid the interweaving of bullish and bearish factors, the trading atmosphere among traders is rather subdued, leading to limited market trading volume and narrow-range fluctuations in product prices. From the perspective of bullish factors, first, due to stricter environmental policies, higher production costs, and more cold-weather conditions, the capacity release of many molybdenum mining enterprises is restricted. Moreover, with a large number of…

Molybdenum market update on February 17, 2025 At the beginning of the week, the domestic molybdenum market as a whole continued to maintain a sideways operation. Under the influence of factors such as stable downstream demand, low steel bids for ferromolybdenum, tepid international molybdenum market, and the gradual weakening of production costs to support product prices, suppliers basically maintained rational quotations. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum oxide are about 3,560 yuan/ton, 230,000 yuan/ton and 3,660 yuan/ton,…

Molybdenum market update on February 14, 2025 This week, the domestic molybdenum market exhibited a generally weak consolidation trend, with the price of molybdenum concentrate dropping by approximately 0.28%, ferromolybdenum prices falling by about 0.43%, and molybdenum oxide prices declining by around 0.27%. In this context, traders’ sentiment has become relatively complex, with most adopting a cautious and wait-and-see approach. Recently, the sales price of Mo50-55% grade molybdenum concentrate from a mine in Jilin was reported at RMB 3,570 per…

Molybdenum market update on February 13, 2025 The domestic molybdenum market has remained relatively stable overall, with no significant changes observed. The interplay of both positive and negative factors has led to intense price negotiations between buyers and sellers, resulting in a strong wait-and-see sentiment in the market and limited actual transaction volumes. In the molybdenum concentrate market, operations are under pressure. While downstream inquiries remain at an acceptable level, the gradual weakening of cost-driven price support and the strong…

Molybdenum market update on February 12, 2025 The domestic molybdenum market has shown a generally stable but slightly weak trend, primarily reflected in the strong wait-and-see sentiment among traders and a slight decline in the prices of some molybdenum products. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium tetramolybdate have stabilized at approximately RMB 3,570 per ton-degree, RMB 230,000 per ton, and RMB 224,000 per ton, respectively. From a positive perspective, two factors stand out: first, many steel enterprises…

Molybdenum market update on february 11, 2025 The domestic molybdenum market continues to move sideways. Influenced by factors such as an increase in the quantity but a decrease in the price of steel procurement tenders, a weak international molybdenum market, and a gradually weakening cost-driven price support, traders mainly adopt a cautious wait-and-see attitude. As a result, market trading activity is moderate, and there are no significant fluctuations in product prices. As an important intermediate market for molybdenum products, the…

Molybdenum market update on february 10, 2025 At the beginning of the week, the domestic molybdenum market as a whole maintained a strong operation. Influenced by factors such as the concentrated tendering for ferromolybdenum by steel enterprises, strong support from production costs, and limited supply of market spot, holders basically maintained stable quotations. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder were adjusted at around 3,570 yuan per ton-degree, 231,000 yuan per ton, and 425 yuan per kilogram…

TZM molybdenum alloy is a material with excellent mechanical properties and high-temperature resistance, widely used in aerospace, nuclear industry, and high-temperature furnace applications. Due to its high hardness, high melting point, and low ductility, the cutting and forming processes of TZM molybdenum alloy plates present certain technical challenges. Below are the primary methods and considerations for cutting and forming TZM alloy plates: Cutting Methods Given the high hardness and low ductility of TZM molybdenum alloy, common cutting methods include mechanical…