How China is driving molybdenum demand

The Proactiveinvestor.com reported how 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..

Click here to access the entire press release