
Molybdenum market update on March 28, 2025 This week, domestic molybdenum price exhibited an overall trend of fluctuating upward movement, primarily attributed to strong reluctance to sell and bullish sentiment among molybdenum mining companies in recent days, rising steel tender prices, steady downstream demand, and a relatively favorable non-ferrous metals market. However, as molybdenum product prices increased, downstream users became more cautious due to heightened price concerns, and with limited liquidity, market demand struggled to grow further. According to China…