Moly prices pick up as material said tight

Jan 11, 2013 | 12:06 PM | Thorsten Schier

Tags  molybdenum, molybdic oxide, ferromolybdenum, Thorsten Schier

NEW YORK — Domestic molybdic oxide prices have risen as supply becomes increasingly tight and some traders stock up ahead of an expected demand pick-up in the first quarter.

"From the trade side, there seem to be some people taking positions. We haven’t really seen an uptick from the consumers," one producer source said. ....

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