Is China Driving Molybdenum Demand?

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Thu, Feb 4, 2010
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Post by Melissa Pistilli, Moly Senior Reporter

The FinChannel.com reported that China is Driving Molybdenum Demand:

In 2009, molybdenum consumption is estimated to have declined by as much as 9%, as end-users curtailed their requirements. Although consumption has declined on a global level, emerging markets such as China have seen demand continue to increase in 2009. Chinese consumption is estimated to have risen by around 5% in 2009.

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