Is there still a future for molybdenum?
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I entered the molybdenum industry last year; I lost my job during the New Year holiday. Recently, I went to a factory in Xi’an, but it also stopped operating due to poor performance. Can anyone tell me if there is any future for this industry?
Promising. Many owners have set prices at rock bottom, waiting for price surges similar to those in 2004.
There are molybdenum smelting enterprises in both Henan and Shaanxi – why don’t you give it a try?
In the course of history, everything that reaches its peak will inevitably decline, and everything that falls to its lowest point will eventually rise again. If one starts to build up strength now, there will be a bright future ahead
Molybdenum is a rare metal that is primarily used as an alloying element, added to iron to produce special steels. It is used in small quantities, and its price fluctuates significantly depending on market supply and demand