Market Research Molybdenum Market | Page 3
industries such as automotive, energy and heavy industries, and others in emerging economies
such as China. According to the Department of Industry, Innovation and Science, a department
of the Australian Government, stainless steel production in China was around 25 million tons in
2016, whereas, Japan was the second largest market for stainless steel production accounting
for 3.3 million tons in 2016.
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Key Players
Some of the leading players operating in the global molybdenum market include Centerra Gold
Inc., Codelco Mining Company, China Molybdenum Company Limited, Freeport-McMoRan
Inc., Anglo American plc., Cronimet Group, Jinduicheng Molybdenum Group Co., Ltd.,
Shaanxi Non-Ferrous Metals Holding Group Co., Ltd, Antofagasta plc., Grupo México, and
S.A.B. de C.V.
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