SeAH Increases Ferromoly Capacity
Platts reported that South Korea's SeAH is expanding its ferromolybdenum capacity by 167%.
Articles Tagged "ferromolybdenum"
Yerevan Produces 3000 Tons Ferromolybdenum in Current Year
News.am reported that Yerevan Pure Iron Plant OJSC's ferromoly production was about the same as is 2010.
South Korean Ferromoly Plants Continue Active Moly Oxide Buying
Platts reported that South Korean plants are refilling their stocks of molybdenum oxide.
China’s Linghai Hengtai To Up 2011 Ferromoly Output 50% to 6,000 Mt
Platts reported that Linghai Hengtai intends to boost its ferromoly output by half.
Moly Producers Ring In Good Times
A draft proposal by the Chinese government that lays down the thresholds for access to the molybdenum industry is set to cheer moly producers.
Big Time Rebound Set For Moly
There is a `little storm brewing' in moly. In the third week of January, traders came in and bought up a lot of material, which caused some supply tightness. Now traders are in a position to push prices higher, state analysts.
Molybdenum continues downward trend
Despite the recent optimism across the metals sector, molybdenum prices are continuing on a downward trend. Last week, sluggish demand and high stockpiles caused European ferromolybdenum prices to drop below US $21 per kg. US market prices also slid.
Moly 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 correct prices.
Sign of the times, molybdenum ETF liquidates
In April 2007, when the Sprott molybdenum fund was created, the minor metal was on a fast track. When the fund was created the metal was trading consistently at US $25 per lb; after the ETF was up and running moly cruised to US $ 40 per lb.
China halts molybdenum spot trading
The first week of 2009 was a sleepy one for molybdenum with thin trading volume as many customers remained on holidays. Activity in China was by far the slowest, with Chinese molybdenum oxide and ferromolybdenum producers halting spot molybdenum offers to overseas customers.
