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    Chinese major steelmakers suspend ferromolybdenum purchases

    2025-07-31 11:06:47   [Print]
    On July 30, Taiyuan Iron and Steel (Group) Co.Asian Metal Copyright The companies condemned the irrational behavior in the ferromolybdenum market, saying it has caused pricing distortions in high-end molybdenum-containing stainless and special steel raw materials.Asian Metal Copyright, Ltd.Asian Metal Copyright "TISCO", CITIC Pacific Special Steel Group Co.Asian Metal Copyright ("TISCO"), CITIC Pacific Special Steel Group Co.Asian Metal CopyrightOn July 30, Taiyuan Iron and Steel Group Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, and Tsingtuo Group Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright The companies condemned the irrational behavior in the ferromolybdenum market, saying it has caused pricing distortions in high-end molybdenum-containing stainless and special steel raw materials.Asian Metal Copyright jointly announced a suspension of ferromolybdenum purchases.Asian Metal Copyright They urged the industry to resist speculation, return to fundamentals-based pricing, and work together to promote a healthier and more sustainable market.Asian Metal Copyright The move came in response to recent sharp price increases driven by speculation amid volatile molybdenum concentrate prices.Asian Metal Copyright, Ltd.Asian Metal Copyright The companies condemned the irrational behavior in the ferromolybdenum market, saying it has caused pricing distortions in high-end molybdenum-containing stainless and special steel raw materials.Asian Metal Copyright They urged the industry to resist speculation, return to fundamentals-based pricing, and work together to promote a healthier and more sustainable market.Asian Metal Copyright They urged the industry to resist speculation, return to fundamentals-based pricing, and work together to promote a healthier and more sustainable market.

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