How much does molybdenum iron cost per ton?

Molybdenum iron is an important alloy material, which plays a very important role in modern industrial production. The price of molybdenum iron varies depending on the trading market, region and the price fluctuations of traders. Let's take a look at how much molybdenum iron costs per ton.

At present, the price of molybdenum iron in the international market is constantly fluctuating, roughly between US$3,000 and US$5,000 per ton. In the past few years, due to increased industrial demand and supply shortages, the price of molybdenum iron has been at a relatively high level.

The price of molybdenum iron is affected by many factors. First of all, it is the relationship between supply and demand. The demand for ferromolybdenum mainly comes from the metallurgical and chemical industries, such as stainless steel, alloy steel, high-temperature alloys and other fields, and the demand is large. On the supply side, there are not many companies that can produce ferromolybdenum, so the supply is relatively tight and the price is greatly affected. The second is the influence of international political and economic factors. For example, geopolitical tensions, economic recession, international trade tensions, etc. will cause fluctuations in ferromolybdenum prices.

In the domestic market, ferromolybdenum prices will also fluctuate according to changes in domestic and foreign markets. According to data released by the China Nonferrous Metals Industry Association, the average price of ferromolybdenum in my country in 2019 was between 27,000 and 32,000 yuan per ton. Since the second half of 2020, due to the gradual recovery of the global economy and the increase in demand for ferromolybdenum, domestic ferromolybdenum prices have also risen. The export volume of ferromolybdenum of some domestic companies has also gradually increased, which has also had a certain impact on domestic prices.

In general, due to the very important use of ferromolybdenum and its relatively scarce supply, its price has been at a high level and has fluctuated greatly. In the future, with the continuous development of industry and the application of new technologies, the demand for ferromolybdenum will continue to increase, and its price will remain at a relatively high level for a period of time.

It should be pointed out that the above price data is for reference only. The actual price may be affected by many factors, and the specific price needs to be adjusted according to the specific situation at the time.