Tag Archive | "prices"

European Ferromolybdenum prices surged on rising demand

Friday, May 8, 2009

Ferromolybdenum and molybdenum prices in the European market have kept its uptrend last week due to strong demand from China. For full story, click here

Global molybdenum oxide prices dip on slow demand

Monday, March 23, 2009

Platts declared that molybdenum oxide and ferromolybdenum prices lowered this week amid weak demand in Asia, Europe and North America and on signs that Chinese buying of oxide may be slowing. For full story, click here

European Moly prices dip to record low in 5 years

Tuesday, February 24, 2009

European molybdenum price declined below USD 9 per pound for the first time in 5 years, staying at USD 8.9 per pound to USD 9.4 per pound. For full story, click here

Stimulus spending could bridge the gap in molybdenum prices

Tuesday, February 24, 2009

When economic growth resumes, there will be a critical shortage of strategic metals. The rapid collapse in metal’s prices has forced many miners to mothball operations; when demand for these metals resumes, there will be a lag time for production online. This means that as quickly as prices collapsed, we can expect an upswing with more impetus.

Will the stimulus jumpstart molybdenum?

Friday, February 20, 2009

The steel sector has been deeply impacted by the global economic climate; with an approximate 50% decline in production. Moly, as an important alloy, is following suit.

Moly prices will come back

Friday, February 13, 2009

Eugene Beukman, president of Bard Ventures, said: Moly prices will come back. It’s going to be a little tough for the next few months but it will turn for sure. For full story, click here

Molybdenum’s decline leaves few strong contenders

Monday, January 26, 2009

Molybdenum prices have crashed from a high of $35 per pound at the end of October down to the recent level oft US $12 per pound. This represents the worst decline when it comes to commodity prices; a 53 percent drop to be exact.

Molybdenum cuts continue

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.

Greenland’s Molybdenum mining project on hold

Thursday, November 20, 2008

Quadra Mining has postponed plans to begin construction of molybdenum mine in East Greenland due to recent decline in metal prices. For full story, click here

Molybdenum prices decline to lower level than USD 20 per pound

Tuesday, November 18, 2008

Molybdenum prices have fallen suddenly to a large extent on the end of last week due to suspension of molybdenum purchases for long period and financial situation at consumers. For full story, click here

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