Ferromolybdenum tags will remain low, participants say

Nov 09, 2012 | 01:44 PM | Claire Hack

Tags  ferromolybdenum, ferromolybdenum prices, molybdenum oxide, molybdenum traders, Claire Hack

LONDON — Ferromolybdenum prices won’t improve before year-end, market participants have said.

"It seems to be steady as she goes. It’s very much hand to mouth, and that seems to be continuing," one trader told AMM sister publication Metal Bulletin. "There are no real forecasts for next year, but there is a risk of closures and cutbacks."....

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