Latest Update in the SMM Other Minor Metals Market

According to customs data, in September 2024, China's magnesium product exports amounted to 33,400 mt, down 9.97% MoM, up 11.3% YoY.

Future technological advancements will continue to optimize the preparation process of EMD, enhance its performance, and expand its application fields to meet the growing market demand.

Due to the recent weakening of coking coal prices, silicon coal prices in Ningxia started to drop back slightly from the 25th, reversing the previous upward trend.

According to the SMM survey, the weekly production of silicon enterprises in Xinjiang (accounting for 79% of capacity) was 42,040 mt, with a weekly operating rate of 87%, flat WoW.

Molybdenum plays a critical role in modern steel production due to its unique properties that enhance the overall quality of steel. One of the most significant properties is its ability to improve strength and toughness, making steel alloys more reliable in application. Molybdenum contributes to the formation of hard phases within the alloy matrix, which helps in maintaining structural integrity under stress. This is particularly important in industries where safety and performance are paramount, such as construction and manufacturing sectors.

This week, mainstream spot silicon metal prices remained stable, with some specifications seeing price increases.

Future technological advancements will continue to optimize the preparation process of EMD, enhance its performance, and expand its application fields to meet the growing market demand. The following is an in-depth analysis of future technological development trends for EMD......

According to customs data, China's silicon metal export volume in September 2024 was 65,200 mt, up 1% MoM and up 27% YoY.