Molybdic oxide and ferro-molybdenum have edged higher on Friday as demand from Asia remained strong and European consumers continued to creep back into the market. For full story, click here
Continue reading "Molybdic Oxide and ferro-moly surged on stronger demand"
Monday, May 18, 2009
As a minor metal, molybdenum is prone to rapid price fluctuations; in the past this had generated huge returns on investment. Molybdenum was one of the last metals to feel the effects of the economic downturn, but has failed to match the recovery experienced by many metals since the start of the New Year.
Continue reading "Analysts reduce molybdenum price forecast"
Friday, April 3, 2009
Marcelo Awad, Antofagasta Minerals SA’s chief executive officer forecasted that the molybdic oxide prices will recover above $20 a pound once steel market demand returns. For full story, click here
Continue reading "Molybdic oxide prices set to recover with steel"
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Friday, May 29, 2009