Precision steel pipe market demand has slowed
release time：
2023-02-18 17:29
source：
This week, the molybdenum alloy market ran smoothly, and the precision steel pipe market demand slowed down. According to manufacturers, molybdenum concentrate has been high, with stocks of ferromolybdenum rising slightly and prices in Europe continuing to rise. In the short term, the day before yesterday is still high. Manufacturers continued to offer high prices, while steel mills did not lower purchase prices to support ferro molybdenum. But at present the price of ferromolybdenum is higher, steel demand growth tends to slow down, the future of ferromolybdenum is difficult to rise substantially. It is understood that Chongqing aluminum plate processing volume increased significantly, the demand has not improved significantly. Some steel mills have limited procurement, and manufacturers have not kept large amounts of raw materials. In the short term, the merchant order price is high, but the downstream demand slows down, leading to the continuation of the early sharp upward trend of vanadium. Although the current market quotation is chaotic, but Chongqing aluminum plate processing enterprises have small inventory, the price is strong. As downstream inquiries did not continue to grow, fervanadium will fluctuate slightly at a higher level in the short term.
Precision steel pipe market demand has slowed
release time：
2023-02-18 17:29
source：
This week, the molybdenum alloy market ran smoothly, and the precision steel pipe market demand slowed down. According to manufacturers, molybdenum concentrate has been high, with stocks of ferromolybdenum rising slightly and prices in Europe continuing to rise. In the short term, the day before yesterday is still high. Manufacturers continued to offer high prices, while steel mills did not lower purchase prices to support ferro molybdenum. But at present the price of ferromolybdenum is higher, steel demand growth tends to slow down, the future of ferromolybdenum is difficult to rise substantially. It is understood that Chongqing aluminum plate processing volume increased significantly, the demand has not improved significantly. Some steel mills have limited procurement, and manufacturers have not kept large amounts of raw materials. In the short term, the merchant order price is high, but the downstream demand slows down, leading to the continuation of the early sharp upward trend of vanadium. Although the current market quotation is chaotic, but Chongqing aluminum plate processing enterprises have small inventory, the price is strong. As downstream inquiries did not continue to grow, fervanadium will fluctuate slightly at a higher level in the short term.