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"
Wednesday, June 24, 2009
Demand from Asian markets has boosted molybdenum over the past weeks, in spite of lagging North American demand. The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up from $10 to $10.50 a pound less than two weeks ago.
Continue reading "Molybdenum gets a boost"
Wednesday, May 13, 2009
Analysts are slashing long-term price forecasts for molybdenum because of expected weak demand this year and next from producers of carbon, alloy and stainless steel. For full story, click here
Continue reading "Moly prices aren’t expected to rebound soon"
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Monday, July 27, 2009