Molybdenum Usage Likely to Increase till 2019 – IMOA
Steel Guru reported that the International Molybdenum Association sees a 6% annual increase in moly consumption for the next several years.
Articles Tagged "Molybdenum Demand"
Molybdenum Prices On Their Way Down and Out?
MetalMiner reported on the price and demand outlook for molybdenum.
Molybdenum Prices Trending Downward
The price of molybdenum on the LME is down to its lowest level since July of 2010. Weak demand for stainless steel and the summer slowdown in the production of steel are factors. This could represent a bottom for the price as supporting factors come into play in the coming months.
Global Molybdenum Demand Hits New High in 2010: IMOA
Platts reported that the International Molybdenum Association said molybdenum demand hit a record high in 2010.
Global Molybdenum Usage to Rise 4.5%/year Through 2019: IMOA
Platts reported that a recent survey indicated worldwide demand for molybdenum is expected to grow 4.5%.
Moly Surpluses and Price Volatility
After low prices enticed China to become a net importer of molybdenum, surpluses built up may cause price stagnation in 2011. Steel demand is slated to grow in 2011, just at a slower rate than seen in the past few years.
Moly Price Action: Summer Slowdown or Market Reaction to China?
“Sell in May, and Go Away,” may hold true for minor metals such as molybdenum this year. However, recent moves by the Chinese and speculation on China’s growth numbers may be the true factors driving the molybdenum market.
Rebounding Steel Demand Bodes Well for Molybdenum
Projected growth for steel combined with Chinese firms investing in foreign molybdenum producers could provide investors with unique opportunities at a good value.
Is China Driving Molybdenum Demand?
The FinChannel.com reported that China is Driving Molybdenum Demand:
