MOLYBDENUM
Molybdenum (“moly”) is a metallic element used primarily as an alloy agent in steel manufacturing. When added to steel, moly enhances steel strength, resistance to corrosion, and extreme temperature performance. Within the chemical industry, moly has an important role in the petroleum refining process, acting as a cracking agent to remove sulfur from liquid fuels.
First Use of Molybdenum
Source: CRU
End Use of Molybdenum
Source: CRU
Industrial Applications for Molybdenum
| Category | Applications |
| Steel | |
| Full Alloy | Construction & Automotive industries, shipbuilding, heavy machinery, offshore pipelines |
| Stainless | Fuel tanks, chemical and petroleum refineries, desalination plants |
| Carbon | Construction equipment and buildings, and transportation |
| Tool | Steels that cut other steels, extremely hard pieces of metal |
| HSLA | High Strength, Low Alloy, Oil and Gas pipelines, construction and automotive industries, bridges |
| Other Metallurgical | |
| Superalloys | Supercharges, aircraft engines, gas turbines, chemical and petroleum plants |
| Cast Iron | Diesel engine motor blocks and cylinder heads, mining milling and crushing equipment |
| Mo Metals & Alloys | Auto parts, light bulb filaments, glass manufacturing, head shields |
| Non-Metallurgical | |
| Catalysts | Petroleum hydro-processing and desulfurization |
| Lubricants | High performance base oils, greases, synthetic fluids, bonds coating, friction products |
| Pigments | Paints, inks, plastic and rubber products, ceramics |
| Other Chemical | Smoke suppressants, PVC cabling, metal-based smoke suppresants |
Source: CPM Group
World Supply & Reserves
Source: CPM Group
Moly Prices
Source: Ryan's Notes
