Domestic moly market quiet, but China showing interest

Dec 14, 2009 | 08:34 AM | Tom Jennemann

U.S. molybdenum spot prices are stable, but there are some indications that China might be looking to re-enter the market as a buyer, traders said.

Market sources put spot prices for molybdic oxide in a range of $10.90 to $11.30 per pound, up from $10.75 to $11.25 two weeks ago, while ferromolybdenum is unchanged at $12.50 to $13 per pound.....

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