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[Ferro-Alloys.com]In the molybdenum business, the steel industry is our largest customer. More than 70% of molybdenum’s first use is in steel.

[Ferro-Alloys.com] Ferro-Alloys.com stated that nearly 63% of molybdenum supply is derived as a by-product mostly from copper miners while the remainder of molybdenum is sourced from primary producers, mostly in China.

China exported 178.903 tons Ferromolybdenum in December 2017,up 10%

Ferro-Alloys.com]Molybdenum prices edged down Wednesday, with sources in Asia and Europe reporting a lack of interest in oxide powder.

[Ferro-Alloys.com] In November 2017, China exported 160,818 tons Ferromolybdenum,

[Ferro-Alloys.com] The current price of ferromolybdenum was quoted at RMB97,000-100,000 /ton, and the transaction price was RMB 98,000 / ton, which was up about RMB 500 /ton. The acceptance price was at RMB 102,000 /ton, up RMB 2,000 /ton from the previous day...

[Ferro-Alloys.com]A Lakewood molybdenum company says it expects rising prices for the mineral in the near future.

[Ferro-Alloys.com]Molybdenum moved higher on Tuesday with signs of confidence creeping back into the market.