Molybdenum tags to bounce back

Sep 20, 2013 | 05:20 PM | Daniel Fitzgerald

Tags  KGHM International, molybdenum prices, Kevin Pritchett, Sierra Gorda copper-molybdenum mine, Daniel Fitzgerald

NEW YORK — Analysts are forecasting molybdenum prices to trend up in 2014, while user demand has already begun to improve, KGHM International Ltd head of molybdenum sales and marketing Kevin Pritchett said.

Molybdenum prices are currently tracking below not only the five-year average but also the 20- and 100-year averages when adjusted for inflation, Pritchett told delegates at AMM’s 27th Annual Stainless and its Alloys Conference in Chicago.....

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