Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February as overseas sellers stepped up competition with Chinese producers. This did little, although, to correct prices.
Continue reading "Moly companies to face a second quarter pinch"
Monday, March 2, 2009
Molybdenum has crashed from $33 per lb in mid ’08, to its Friday closing value $8.70 per lb. Analysts predicts the metal is in for a slow recovery this year, and is anticipated to average $11.00 per lb.
Continue reading "Joint ventures necessary for survival"
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Monday, March 30, 2009