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Molybdenum Ferroalloy Prices Jump 15,000 Yuan Per Ton in One Day, Up Nearly 30% in H1 2026

2026-07-19 04:39:49

According to CCTV Finance, on July 14, molybdenum ferroalloy prices jumped 15,000 yuan per ton compared to the previous day, reaching 332,000 yuan per ton. The metal, known as the "industrial vitamin," is widely used in steelmaking, high-end equipment, and new energy sectors. Molybdenum ferroalloy serves as an alloy additive for specialty steel production. Prices have surged nearly 30% cumulatively in the first half of 2026, driven by tight market supply and growing demand from emerging applications in advanced display, perovskite solar cells, and semiconductors.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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