Importers undercutting China’s domestic producers
Imports of molybdenum into China surged in February as overseas sellers stepped up competition with Chinese producers. Imports of moly have surged because Chinese producers have found themselves...
View ArticleMoly companies to face a second quarter pinch
Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February as overseas sellers stepped up competition with Chinese producers. This did little, although, to...
View ArticleMoly miners take control of fundamentals
Molybdenum miners may dramatically slash output in an effort to coax a rebound in the price of the alloying metal, priming the industry for a rapid price ascent when stainless steel demand...
View ArticleMolybdenum gets a boost
Demand from Asian markets has boosted molybdenum over the past weeks, in spite of lagging North American demand. The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up...
View ArticleLow Inventories have molybdenum poised to recover
Ferro-molybdenum and molybdic oxide continued their rally this past week, as frightening low stockpiles have traders worried that if the purchases accelerate, there simply won’t be enough moly to go...
View ArticleMOLY OXIDE UPDATE: Asia Market Quiet as Focus Turns to Term Deals
Platts reported that trading of spot molybdenum oxide in the Asian market is slow while traders await 2012 deals.Continue reading...
View ArticleEuropean Spot Moly Prices Sink to $25 per Kilogram
Reuters reported that this week European spot molybdenum prices fell to a four-year low of around $25 per kilogram. Further declines are expected as a result of declining industrial activity this...
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