
Molybdenum market update on April 28, 2025 The domestic molybdenum market in China remains stable, but as positive factors weaken, negotiations between buyers and sellers are gradually heating up, leading to reduced market enthusiasm and slower order growth. On the positive side: first, some downstream users, such as Baotou High-Tech, Xinxing Ductile Iron Pipes, Guangdong Shaogang, Zhongnan Steel, and Baosteel Zhanjiang, continue to maintain rigid demand procurement, supporting suppliers’ confidence in holding prices; second, with molybdenum prices at a relatively…