China Molybdenum Says Steel Sector Will Support 2013 Prices
Platts reported that China's producer of moly concentrate, China Molybdenum, said that they expect the Chinese steel sector to give a boost to prices through 2013.
Articles Tagged "moly news"
Thin Trade for Asia Moly Oxide
Platts reported that Asian spot trade of molybdenum oxide powder was flat on Wednesday.
Steady European Ferromoly Supports Asian Spot Demand
Platts reported that an uptick in interest from European traders supported spot demand for moly oxide powder on Tuesday.
Mercator Minerals Marks Record Production in Q4
Mining Weekly reported that Mercator Minerals announced both record production and earnings in Q4, beating analyst expectations.
General Moly Stops Work on Loan Amid Questions About Creditor
Bloomberg reported that General Moly has suspended work supported on a $665 million loan on news that the creditor responsible for the loan has been detained in China, sending stock price tumbling yesterday. As quoted in the market report:
JDC to Double Moly Concentrate Production in 2013
Platts reported that Junduicheng Molybdenum (JDC) says that they will ramp up production for 2013 to 38,500 mt of moly concentrate in 2013.
Copper Fox Insider Buys into 83 Percent of $3-million Private Placement
Mining Weekly reported that a Copper Fox Metals Inc. (TSXV:CUU) insider has committed to 83 percent, or $2.5 million, of a $3-million private placement.
Offer-Bid Gap Persists in Asian Molybdenum Oxide Market
Platts reported that the gap between offers and bids for molybdenum oxide in Asia persists, as trade activity remains thin.
Buyers, Sellers of Molybdenum Oxide Powder Close Price Gap
Platts reported that spot buyers and sellers of molybdenum oxide powder are moving close towards a common price on Friday.
Spot Buying Interest for Molybdenum Oxide Gains Momentum at Week’s End
Platts reported that spot buying interest for molybdenum oxide gained momentum of Friday in Asia, on the heels of news regarding European deals earlier in the week.
