Fermo-molybdenum is a type of alloy that is added to iron-based metals and increases the resistance and hardness of these metals against corrosion, wear, weldability, and creep. Industrial parts made of metal are usually exposed to high pressure, they may be exposed to high temperatures and heat, or they may be exposed to corrosive substances such as acids; but by changing their chemical composition, it is possible to produce more resistant parts. Using ferro molybdenum is one of these methods. Ferromolybdenum alloy is composed of iron and molybdenum, and 55 to 75% of it is molybdenum. The presence of molybdenum in steel increases its hardness. Steel made of molybdenum is used to make steel parts that require high strength.
These parts are known as low alloy steel parts and can withstand very high temperatures and heat. Another advantage that stainless steels with molybdenum have, is corrosion resistance. After the combination and mixing of iron and molybdenum elements, the obtained steel is strengthened, and the hardness of its austenite phase increases. Since molybdenum is a carbide-forming alloy element, ferro-molybdenum is also considered a ferroalloy that hardens the steel and turns it into an alloy steel that is highly heatable. Most of Iran’s molybdenum is imported from China, Russia, and Chile. Ferro-molybdenum alloy is packed in powder form and small briquettes and is offered to the market by reputable steel producers.
Adding ferro-molybdenum to steel and tools creates significant effects as follows:
Ferro-molybdenum is an alloy that can be added to all types of iron and steel in a wide range of furnaces or crucible sizes in a good process. If you add and use it correctly you should get significantly closer to 100% when you restore it. Ferromolybdenum is used in steels and is used in boilers and pressure vessels or different grades of high-speed steels and other tools. One of the most important properties of this alloy is that it improves the corrosion resistance of stainless steel. It also produces scurvy ferritic structures in high-speed low-alloy steels. This alloy is also, a suitable additive for amorphous metal production processes and gives new and desirable properties to alloys. Adding ferromolybdenum to the alloy improves its hardness properties because molybdenum is one of the 5 metals that has a high melting point. Also, by adding molybdenum to the alloy, its resistance to corrosion increases.
According to global reports, a significant part of ferro-molybdenum is produced and supplied to the world markets in countries such as Russia, China, the United States, Chile, and Russia. It should be noted that the simplest definition in the field of ferro-molybdenum production process is that after extracting molybdenum and converting it to molybdenum oxide (VI) MoO3, the desired oxide is mixed with aluminum and iron oxide, then it is generated in aluminothermic reaction. After the reduction process, the formed ferro-molybdenum is refined through electron beam fusion. Of course, in some production workshops, the purification process is not applied and the product is packed in an unrefined form. It is worth noting that this production alloy is often sold in the form of powder or small briquettes packed in bags or steel drums.
The price of ferromolybdenum decreased from the beginning of World War II and subsequently from the end of World War II. However, today the market related to this alloy is stable, although since the entry of many countries into the production of this alloy (including Chile), its price has decreased significantly compared to the past. Another factor in the history of the change of the ferro-molybdenum market was the collapse of the former Soviet Union, where the unique mining and production system was severely disrupted. Recently, due to increased global demand, the prices are increasing again.
In recent years, countries such as South Korea and the Netherlands have been in close competition with each other in the field of ferromolybdenum exports. In 2018, the first place in the list of the top exporters of this alloy was assigned to the Netherlands and in 2021 to South Korea. The export of this product is also very common in Belgium and Chile. It is worth noting that the export volume of this product in the world is estimated at about 2 billion dollars.
In order to protect the exported ferro-molybdenum from possible damage during transportation, it should be properly packed. The best packaging methods for this export product are metal bags and barrels. Ferromolybdenum is known in the world market by HS code number 72027000.
From 2021 to 2023 the following countries have been among the top 5 Importers of ferromolybdenum from Iran:
Want to see the Iranian Ferro Molybdenum Export Statistics? Contact us! For the Iranian Ferro Molybdenum export statistics, you will be provided with the information needed in each of the customs clearance regions. Have you been looking for further data and information regarding the Iranian Ferro Molybdenum international and domestic market? Leave all your needs in capable hands.
In order to start your partnership with an Iranian Ferro Molybdenum exporter, you should make sure that the partner has a valid background in the domestic and international markets. Also, you should make sure that your partner has a legitimate business that you can trust. Iran Consultation Group facilitates all the processes for you by checking the background of your partner and monitoring your relationships. All in all, these are some of the most important characteristics of a good Iranian Ferro Molybdenum exporter as your business partner:
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