Moly producers’ long-term outlook cautious

Nov 22, 2013 | 01:28 PM | Daniel Fitzgerald

Tags  molybdenum, ferromolybdenum, molybdic oxide, Daniel Fitzgerald

NEW YORK — Domestic molybdenum producers appear cautious in their assessment of long-term contracts and consumer demand, despite spot demand improving in the fourth quarter.

The spot price range for ferromolybdenum has widened to $11 to $11.25 per pound from $11 to $11.20 previously, while molybdic oxide prices are unchanged at $9.60 to $9.90 per pound.....

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