Qiao Xing Universal Resources Provides an Update
Qiao Xing Universal Resources, Inc. (NASDAQ:XING) update on the progress of the proposed privatization of its 61%-owned subsidiary Qiao Xing Mobile Communication Co., Ltd. (NYSE:QXM).
Qiao Xing Universal Resources, Inc. (NASDAQ:XING) update on the progress of the proposed privatization of its 61%-owned subsidiary Qiao Xing Mobile Communication Co., Ltd. (NYSE:QXM).
The molybdenum market is bracing for price increases in September on increased buying activity from stainless steel mills and mounting concerns over a consistent supply. The availability of ferromolybdenum remains tight as output falls at a number of major producers.
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