This market update covers the latest China domestic ex-works prices for ferromolybdenum (FeMo 60% basis), ferrovanadium (FeV 50% basis), and ferrotungsten (FeW 70% basis). Data based on current China domestic pricing (ex-works, freight not included). All prices subject to market fluctuation. Please contact JF Metals for the latest quotation.<\/p>\n\n\n\n
Current China ex-works price (60% basis):<\/strong> RMB 336,000\/MT (approx. USD 49,700\/MT based on today’s exchange rate). Freight and export costs not included.<\/p>\n\n\n\n The ferromolybdenum market shows a firm trend in July 2026. Molybdenum concentrate supply remains relatively tight in major producing regions, while domestic steel mills maintain steady procurement demand. This supply-demand balance supports current price levels.<\/p>\n\n\n\n Key factors supporting FeMo prices:<\/p>\n\n\n\n Market outlook: Short-term price trend is expected to remain firm. Buyers with regular FeMo requirements are advised to monitor inventory planning closely.<\/p>\n\n\n\n Current China ex-works price (50% basis):<\/strong> RMB 84,000\/MT (approx. USD 12,400\/MT based on today’s exchange rate). Freight and export costs not included.<\/p>\n\n\n\n The ferrovanadium market remains stable in July 2026. The rebar and construction steel sectors, traditional major consumers of vanadium, continue to purchase on a need-based schedule. Market supply and demand are relatively balanced.<\/p>\n\n\n\n Key observations:<\/p>\n\n\n\n Market outlook: The FeV market is expected to maintain a stable trend. Price movements are likely to be limited in the short term.<\/p>\n\n\n\n Current China ex-works prices (70% basis):<\/strong><\/p>\n\n\n\n Both grades are quoted on a 70% tungsten basis. FeW 80 is a higher grade with lower impurity content and commands a premium of approximately RMB 20,000\/MT over FeW 70.<\/p>\n\n\n\n The ferrotungsten market is relatively stable this month. Demand from cemented carbide and special alloy sectors remains steady, and market transactions are proceeding normally.<\/p>\n\n\n\nFerrovanadium (FeV 50%) Market<\/h2>\n\n\n\n
Ferrotungsten (FeW 70 & FeW 80) Market<\/h2>\n\n\n\n
Price Summary (July 2026)<\/h2>\n\n\n\n