Moly to remain weak in 2009 but recovery in 2011
Molybdenum prices will remain weak at between $10.50-$11 a lb this year because of weak demand from steel makers, but in 2011 it will rise to above $20 as demand rebounds, U.S.-based CPM Group said on Wednesday.
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Thu, Mar 5, 2009
Post by Melissa Pistilli, Moly Senior Reporter