Demand weakness bites into moly pricing
Mar 22, 2013 | 02:26 PM
| 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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