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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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December 2019 | Ferro-alloys


Molybdenum markets hit year-end lull, but potential for gains in Q1 2020: Molybdenum Highlights


Stagnant conditions in the oil and gas industry are also being reflected in lacklustre molybdenum markets.

Molybdenum prices have held fairly steady in recent weeks, continuing a trend of relative stability that has characterized the market on an average annual basis over the past two years. European ferro-molybdenum prices have dipped slightly in recent weeks, largely on slow spot market activity, with few transactions completed. European ferro-molybdenum, basis 65%, in-warehouse Rotterdam, slipped to $22.00-22.25 per kg from $22.00-23.00 per kg last month. Demand from stainless steelmakers remains subdued, lending little...

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