The price of molybdenum on the LME is down to its lowest level since July of 2010. Weak demand for stainless steel and the summer slowdown in the production of steel are factors. This could represent a bottom for the price as supporting factors come into play in the coming months.
Continue reading "Molybdenum Prices Trending Downward"
Sunday, January 24, 2010
There is a `little storm brewing' in moly. In the third week of January, traders came in and bought up a lot of material, which caused some supply tightness. Now traders are in a position to push prices higher, state analysts.
Continue reading "Big Time Rebound Set For Moly"
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"
Thursday, April 16, 2009
Molybdenum miners may dramatically slash output in an effort to coax a rebound in the price of the alloying metal, priming the industry for a rapid price ascent when stainless steel demand rebounds.
Continue reading "Moly miners take control of fundamentals"
Monday, November 17, 2008
After moly held its position over months of poor market sentiment, the metal has been hit hard. Just over a few weeks, the market price of molybdenum oxide has fallen by a whopping 30%.
Continue reading "Molybdenum puts on the brakes"
The Molybdenum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Thursday, July 14, 2011