Molybdenum market update on October 13, 2025
On Monday, the domestic molybdenum market overall showed a slight improvement, primarily reflected in the rise in ferromolybdenum prices and the stabilization of other molybdenum product prices after halting their decline. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 4,400 yuan per ton-unit, 279,000 yuan per ton, and 500 yuan per kilogram, respectively. It is understood that favorable market factors include a slight increase in steel bidding prices, the oscillatory upward trend in international molybdenum prices after the National Day holiday, and strong reluctance among suppliers to sell while upholding prices; unfavorable factors mainly stem from still low enthusiasm for inquiries and purchases among downstream users.
According to news reports, in late September 2025, key statistical steel enterprises produced a total of 18.89 million tons of crude steel, with an average daily output of 188.9 thousand tons, decreased by 8.9% day-on-day; 18.17 million tons of pig iron, with an average daily output of 181.7 thousand tons, decreased by 4.9% day-on-day; and 21.42 million tons of steel products, with an average daily output of 214.2 thousand tons, increased by 4.0% day-on-day. Based on this, the estimated national daily output for this period is 2.34 million tons of crude steel, decreased by 8.9% month-on-month; daily pig iron output is 2.18 million tons, decreased by 4.9% month-on-month; and daily steel product output is 4.14 million tons, decreased by 0.7% month-on-month.
Price of molybdenum products on October 13, 2025
Molybdenum copper sheet images