Tag Archive | "freeport mcmoran"

Moly Is Looking Good?

Monday, October 26, 2009

Molybdenum demand from steelmakers is set to decrease in the fourth quarter, due to imminent production cut backs by domestic steelmakers following sliding steel product prices over the past few months. In such a scenario, wither moly?

Molybdenum’s market value catches London Exchange’s eye

Saturday, September 6, 2008

The London Metal Exchange will add molybdenum to its arsenal in the second half of 2009. The move was announced on Sept 4th, when the LME board voted in favour of adding both molybdenum and cobalt to its futures trading. The move was met with mixed reviews.

Moly Price Chart
Asides