Articles Tagged "ferromolybdenum"

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.