Molybdic oxide tags make U-turn as demand flounders

Sep 14, 2012 | 11:30 AM | Thorsten Schier

Tags  molybdic oxide, ferromolybdenum, Thorsten Schier

NEW YORK — Molybdic oxide prices have reversed course after a recent spike as trader short-covering has come to an end and real demand continues to flounder.

"One customer said their backlog at the moment is two months, and it’s getting less and less," one supplier source said. "They might not have any orders by the end of the....

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