What is the price of Ferro Moly today?
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What is the price of ferro molybdenum today?
Ferro Molybdenum Price List
CFO International Molybdenum Oxide European Ferromolybdenum Price on March 28
| product | Specification | Lowest price | highest price | Price Description |
| ferromolybdenum | 65-70% Europe | 47 | 47.5 | USD/kg molybdenum |
| Molybdenum oxide | 57% | 19.75 | 19.85 | USD/lb molybdenum |
Femo is an alloy mainly composed of iron (Fe) and molybdenum (Mo). It is produced by melting iron and molybdenum sources (usually ferrosilicon and industrial-grade molybdenum oxide) together in a furnace. The resulting alloys range in molybdenum content from 50% to 60%.
Molybdenum iron lump is commonly used as an additive in steel and cast iron production. It is added to improve the hardenability, strength and corrosion resistance of the final metal product. The presence of molybdenum in the alloy enhances its ability to withstand high temperatures, making it suitable for applications in the automotive, construction, and oil and gas industries.
