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Uzbekistan: Almalyk launches unique ferromolybdenum manufacture
Thu, 28 Sep 2023 00:00:00 GMT
Almalyk Mining and Processing Works has implemented a new technique to produce ferromolybdenum. Ferromolybdenum powder is made on the basis of processing molybdenum-containing wastes originating when producing molybdenum. Ferromolybdenum is an alloy containing 50-70% of molybdenum. The company has launched the manufacture of 2 thousand kg of ferromolybdenum per month. So far, 5500 kg has

MEPS debates future of stainless steel buying trends
Tue, 26 Sep 2023 00:00:00 GMT
Expert panellists from across the steel sector debated the future of the base plus alloy surcharge pricing model, and the potential for streamlined digital sales, when they joined MEPS senior consultant Kaye Ayub on stage at the NEC Birmingham. Alloy surcharges calculated on the market price fluctuations of the raw alloying elements, including chromium, titanium, molybdenum and nickel have come under increasing scrutiny since the LMEs nickel trading meltdown in March 2022. Monthly

Global production and usage of molybdenum falls in Q1 2023
Wed, 05 Jul 2023 00:00:00 GMT
Figures released today by the International Molybdenum Association (IMOA) show that global production of molybdenum fell by 3% to 146.8 million pounds (mlbs) in Q1 2023 compared to the previous quarter. However, this represented a 5%

Molybdenum Mark Update
Mon, 23 Jan 2023 00:00:00 GMT
IMOA is delighted to report that the following molybdenum by-product sites have received the Molybdenum Mark extension: Kennecott Bingham Canyon MineSociedad Minera Cerro Verde S.A.A.Freeport-McMoRan Morenci Inc.BHP's Minera Spence

French stainless scrap prices increase
Fri, 06 Jan 2023 00:00:00 GMT
Stainless steel scrap prices in France are increasing by some 50/tonne ($53) month-on-month, less than initially expected. The hike is due to low material availability but also skyrocketing prices of molybdenum and volatile nickel values, market participants tell Kallanish. Activity in France will be at normal levels in January. Mills are paying for grade

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