Ferromoly prices slip on weak steel demand

Feb 08, 2013 | 11:38 AM | Daniel Fitzgerald

Tags  molybdenum, ferromolybdenum, molybdic oxide, Daniel Fitzgerald

NEW YORK — Free-market molybdenum prices have dropped as demand from the steel sector wanes, according to producers and traders.

Ferromolybdenum moved down to a range of $12.70 to $12.90 per pound Feb. 7 from $12.80 to $13 previously.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center