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[Ferro-Alloys.com] Like most metals, molybdenum took a hit from the coronavirus in 2020. However, there is optimism for stronger demand in 2021 for industrial metals as global economies recover.

The imbalance of global steel supply and demand brings opportunities for exports in the second quarter

Tangshan Heavy Plate issued Primetals Technologies with the Final Acceptance Certificate in March 2021

Whether the ferro-chrome market rises further remains to be seen.

“Port prices have not responded to rising seaborne prices, so that’s put a cap on things,” the same source said.

One reason behind this bearish view is the weakness exhibited in nickel futures in recent days.

Bloomberg reported that China has stepped up its campaign to rein in commodity prices

Panzhihua Iron and Steel Supplying Rails to Mexico's Mayan Railway