
Molybdenum market update on March 21, 2025 This week, the overall domestic molybdenum price continued to decline, primarily due to heightened panic among suppliers, persistent price suppression by steel companies, and limited influence from the international molybdenum market. However, factors such as steady downstream demand, increased support from production costs, and a stabilization and rebound in international molybdenum prices toward the weekend have led to a narrower decline in molybdenum product prices compared to the previous week. According to CTIA…