Demand weakness bites into moly pricing

Mar 22, 2013 | 02:26 PM | Thorsten Schier

Tags  molybdenum, molybdic oxide, ferromolybdenum, molybdenum prices, Thorsten Schier

NEW YORK — Molybdenum prices have continued to fall on tepid spot interest, forcing sellers to cut prices in order to move material.

Molybdic oxide is now trading between $10.75 and $11 per pound, down from between $11 to $11.30 per pound March 15. Meanwhile, ferromolybdenum has narrowed to....

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