Tag Archive | "molybdenum investing"

Molybdenum Rule Changes In China

Tuesday, April 26, 2011

The latest five year plan from China limits the production of many base metals in including molybdenum. China the world’s largest steel producer may find itself importing more molybdenum as a result.

Molybdenum Demand and the Rebuilding of Japan

Thursday, March 24, 2011

Japan will need massive amounts of steel to rebuild what the tsunami washed away. Infrastructure and new automobiles will pave the way for steel demand in the country. While the events in Japan are horrific and depressing, and may affect global markets for quite some time, the need for steel will likely use up a large portion of the surplus that is currently holding down the price of moly.

Strong Demand and New Markets Benefit Molybdenum

Wednesday, February 16, 2011

The use of molybdenum in energy projects from nuclear energy to renewable will add new demand pressures on moly over the course of the year. Prices on the LME have been steadily gaining already this year, increased demand will only add to these dynamics.

China Set to Control Moly Production

Tuesday, November 2, 2010

A report stating that China may control molybdenum production by classifying the material as a ‘national mining resource’ has been raising eyebrows. How will this affect the molybdenum market? Will the moly market react as the rare earth market reacted to reduction in export quotas? Or will the fundamental differences between the two markets stop a feeding frenzy?

Growth in the Molybdenum Market

Wednesday, October 20, 2010

Analysts are bullish for the future of the molybdenum market stemming from growth projection in China. Steel demand, and consequently, demand for moly is expected to grow by 9 percent through 2012.

Importers undercutting China’s domestic producers

Tuesday, March 24, 2009

Imports of molybdenum into China surged in February as overseas sellers stepped up competition with Chinese producers. Imports of moly have surged because Chinese producers have found themselves largely unable to compete with cheaper import offers.

Molybdenum’s route for a slow recovery

Wednesday, March 18, 2009

Government spending will spark a recovery in steel demand towards the end of the year; but its mark on the molybdenum market will be limited. Demand for molybdenum in China likely will rise 6 percent in 2009, then slip to 52,800 tonnes in 2010 before growing again in 2011.

Weak steel demand takes a bite out of molybdenum

Monday, March 9, 2009

Molybdenum prices are currently hovering around the $9 per lb mark, a drastic decline from last Augusts’ high of $34. Molybdenum managed to hold its price point longer than other metals; but in the fourth quarter of 2008 the steel industry’s defeat sent molybdenum on a free fall.

China halts molybdenum spot trading

Tuesday, January 6, 2009

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.

Opportunity in times of crisis

Monday, December 8, 2008

Molybdenum, a seemingly invincible metal this year finally took a hit in the fall as economic malaise spread. The alloying metal is down 65% this year, and this decline was seemingly overnight.

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