
Forecast Coverage for Molybdenum
Molybdenum is principally used as an alloying agent in steel. As a by-product of copper, production costs are low. Prices can be influenced by demand for nickel and stainless steel, as well as molybdenum roasting capacity. Our molybdenum forecasts are based on spot prices for molybdenum from drummed molybdic oxide (57-63% molybdenum).Molybdenum Price History
The chart below illustrates the trend in molybdenum prices since January 2014, measured in US$/lb.