Steel Alloying Agent Ferromolybdenum China Price
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Steel Alloying Agent Ferromolybdenum China Price
Product: Ferromolybdenum
Date:2023-06-19
Ferromolybdenum price chart for reference:
| Ferromolybdenum 60B Unit: ten thousand yuan/ton; batches including tax | ||||||||
| date | cash offer | ups and downs | cash transaction price | ups and downs | Accept the offer | ups and downs | Acceptance of transaction price | ups and downs |
| 2023/6/19 | 23.8-24.1 | 0.1 | 23.7-24 | 0.15 | 24-24.3 | 0.1 | 23.9-24.2 | 0.15 |
| 2023/6/16 | 23.7-24 | 0.15 | 23.6-23.8 | 0.05 | 23.9-24.2 | 0.15 | 23.8-24 | 0.05 |
| 2023/6/15 | 23.6-23.8 | -0.2 | 23.5-23.8 | -0.15 | 23.8-24 | -0.2 | 23.7-24 | -0.15 |
| 2023/6/14 | 23.8-24 | -0.25 | 23.6-24 | -0.25 | 24-24.2 | -0.25 | 23.8-24.2 | -0.25 |
| 2023/6/13 | 24-24.3 | -0.3 | 24-24.3 | -0.2 | 24.2-24.5 | -0.3 | 24.2-24.5 | -0.2 |
| 2023/6/12 | 24.3-24.6 | -- | 24.2-24.5 | -0.05 | 24.5-24.8 | -- | 24.4-24.7 | -0.05 |
| 2023/6/9 | 24.3-24.6 | -0.4 | 24.3-24.5 | -0.35 | 24.5-24.8 | -0.4 | 24.5-24.7 | -0.35 |
| 2023/6/8 | 24.7-25 | -- | 24.7-24.8 | -- | 24.9-25.2 | -- | 24.9-25 | -- |
| 2023/6/7 | 24.7-25 | -- | 24.7-24.8 | -- | 24.9-25.2 | -- | 24.9-25 | -- |
| 2023/6/6 | 24.7-25 | -- | 24.7-24.8 | 0.05 | 24.9-25.2 | -- | 24.9-25 | 0.05 |
| 2023/6/5 | 24.7-25 | 0.1 | 24.6-24.8 | 0.1 | 24.9-25.2 | 0.1 | 24.8-25 | 0.1 |
| 2023/6/2 | 24.5-25 | 0.1 | 24.5-24.7 | 0.35 | 24.7-25.2 | 0.1 | 24.7-24.9 | 0.35 |
| 2023/6/1 | 24.5-24.8 | 0.3 | 24-24.5 | 0.2 | 24.7-25 | 0.3 | 24.2-24.7 | 0.2 |
| June average price | 24.4 | 24.28 | 24.6 | 24.48 | ||||
Molybdenum used in the production of ferromolybdenum is typically derived from molybdenite, a naturally occurring mineral. Molybdenite is processed to extract molybdenum, which is then combined with iron to form ferromolybdenum.
Besides its primary use in steel production, ferromolybdenum has some additional applications. It can be used as a raw material in the manufacture of molybdenum-based alloys, including high-strength low-alloy (HSLA) steels, stainless steels, and heat-resistant alloys. Ferromolybdenum is also used in certain chemical processes and as a catalyst in some industrial reactions.
Ferromolybdenum can be recycled and reused by melting down scrap or by recovering it from used or discarded products. Recycling helps conserve resources and reduce the need for primary production.
It's worth noting that the properties and applications of ferromolybdenum may vary depending on the specific composition, manufacturing methods, and intended use. Its usage as an alloying element in steel has significantly contributed to the improvement of steel's performance in various industrial applications.
