Ferro-molybdenum and molybdic oxide continued their rally this past week, as frightening low stockpiles have traders worried that if the purchases accelerate, there simply won’t be enough moly to go around.
Continue reading "Low Inventories have molybdenum poised to recover"
Tuesday, December 2, 2008
The global economic slowdown is affecting both the demand, and price for molybdenum. To cope, companies are planning output cuts and plotting new investment strategies. For the few companies that have a very strong financial position, they are on the look out for acquisitions.
Continue reading "Molybdenum cuts continue"
Tuesday, November 4, 2008
Japan wants to test the moly market, and will do so by issuing a temporary cut in the November nickel stainless molybdenum (SUS316) steel output. Output will be cut approximately 10%, and for the time being, the curb in production will only last a month to see how the market reacts.
Continue reading "Japan tests the molybdenum market"
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Monday, July 27, 2009