Molybdenum market update on September 1, 2025
At the beginning of the week, the domestic molybdenum market maintained a relatively strong performance, primarily reflected in slight price increases for most molybdenum products, high trader enthusiasm for market participation, and a decent actual transaction volume. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum oxide were approximately 4,570 yuan per ton-unit, 291,000 yuan per ton, and 4,660 yuan per ton-unit, respectively. It is understood that steady downstream demand, a tight spot market supply, a continuous upward oscillation in international molybdenum prices, and positive market expectations among industry players have combined to significantly boost suppliers’ confidence in raising quotes.
In terms of news, according to data from the China Iron and Steel Association, in July 2025, China exported 9.836 million tons of steel, increased by 1.6% month-on-month, with an export average price of 702.2 USD per ton, increased by 2.2% month-on-month; imported 0.453 million tons of steel, decreased by 3.6% month-on-month, with an import average price of 1,804.0 USD per ton, increased by 5.3% month-on-month. From January to July 2025, China’s cumulative steel exports totaled 67.983 million tons, increased by 11.0% year-on-year, with an export average price of 699.7 USD per ton, decreased by 10.3% year-on-year; cumulative steel imports totaled 3.476 million tons, decreased by 15.7% year-on-year, with an import average price of 1,702.0 USD per ton, increased by 2.2% year-on-year.
Price of molybdenum products on September 1, 2025
Molybdenum copper sheet picture
