Results for tag: "Ferromolybdenum"

Ferromolybdenum is a ferrous metal alloy composed of iron and molybdenum. It is used in a variety of applications, including steelmaking, automotive and aerospace components, and oil and gas production. It is also used in the production of stainless steel and other alloys. Ferromolybdenum is produced by combining molybdenum ore with iron ore in a furnace. The resulting alloy is then cooled and formed into ingots or rods. Ferromolybdenum is a key component in the production of steel and other alloys, and its demand is closely linked to the steel industry. It is also used in the production of automotive and aerospace components, as well as in oil and gas production. The price of ferromolybdenum is determined by the supply and demand of the steel industry, as well as the availability of molybdenum ore. Some of the major companies in the ferromolybdenum market include ArcelorMittal, Nucor Corporation, U.S. Steel Corporation, and POSCO. Other companies include China Steel Corporation, JFE Steel Corporation, and Nippon Steel Corporation. Show Less Read more