CFO Ferromolybdenum Molybdenum Oxide Price On September 18, 2023
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CFO Ferromolybdenum Molybdenum Oxide Price On September 18, 2023
Product: Ferromolybdenum
Date:2023-09-18
Ferromolybdenum price chart for reference:
| product | Specification | Lowest price | highest price | Price Description |
| ferromolybdenum | 65-70% Europe | 56.75 | 57 | USD/kg molybdenum |
| Molybdenum oxide | 57% | 23.75 | 24 | USD/lb molybdenum |
Ferromolybdenum (FeMo) is an alloy composed of iron and molybdenum. It is mainly used as an additive in the production of steel to enhance its strength, hardness, and corrosion resistance. Ferromolybdenum is produced by melting molybdenum oxide (MoO3) and iron together in an electric arc furnace. The resulting alloy contains varying percentages of iron and molybdenum, typically around 60-70% molybdenum.
Molybdenum oxide (MoO3) is an inorganic compound composed of molybdenum and oxygen. It is a yellow solid with a high melting point and is mainly used as a precursor for producing other molybdenum compounds. Molybdenum oxide can be reduced to produce pure molybdenum metal or used in the production of molybdenum alloys, catalysts, and lubricants. It is also used in the manufacturing of ceramics, glass, and pigments.
Both ferromolybdenum and molybdenum oxide have important applications in various industries, particularly in steel production, metallurgy, and chemical manufacturing.
