Molybdenum is used in producing stainless and special steels, nickel-based alloys, casting parts as well as in chemicals. We observed that in 2020, ferromolybdenum prices range from 15.52-20.49 €/Kg Mo. Our price Index, using methodology validated by leading industry experts, helps customers make data driven trading decisions.
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|Name||Price Range 2020||Abbreviation||Size (mm)||Mo Content (%)|
|Ferromolybdenum||15.52 - 20.49 €/kg Mo||FeMo||1-5 (fines)||60 - 75|
|Ferromolybdenum||15.46 - 20.43 €/kg Mo||FeMo||10-100 (lumpy)||60 - 75|
|Molybdenum Oxide Powder||9.10 - 9.75 $/lb Mo||MoOx Powder||< 4||55 - 65|
|Molybdenum Oxide Briquettes||9.60 - 10.40 $/lb Mo||MoOx briq||40X30||55 - 66|
Molybdenum is one of the most effective alloying agents, of which about 80% is used in the production of various types of steel such as structural steels, stainless steels, high speed steels, tool steels and many more. Molybdenum-based alloys offer a unique combination of mechanical properties, including high strength at elevated temperatures, high thermal and electrical conductivity with low thermal expansion.
Ferromolybdenum is an alloying agent that is produced by reducing MoOx together with iron oxide in an aluminothermic reaction. FeMo is commercially available in the form of lumps with a grain size of 5-50mm, with a molybdenum content between 60 wt% and 75 wt%. FeMo can be added during both cast iron and steel production, whereby more than 80% is consumed by the steel industry for the production of stainless and high-alloy steels.
Molybdenum oxide (MoOx) is the basis from which nearly all commercial molybdenum products such as Ferromolybdenum (FeMo), molybdenum metal, or chemical molybdenum oxide are produced through further processing. However, it can also be used directly as an alloying agent, where it is charged together with steel scrap to ensure the desired molybdenum content (usually 55 wt% and 65 wt%). MoOx comes in the form of powder which can be further processed into briquettes which are easier to handle by many steel plants. Around 30% to 40% of MoOx produced is converted into FeMo by processing plants.
Pure molybdenum can be obtained from MoOx by further hydro- and pyrometallurgical processing. Molybdenum metals are available in numerous shapes and forms such as rods, bars, tubes, sheets, plates, discs, squares, and wires.
Access data on all commercially relevant Molybdenum grades, traded on the Metalshub Marketplace.
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