Moly contract discounts change little for ’14

Dec 20, 2013 | 04:30 PM | Daniel Fitzgerald

Tags  molybdenum, ferromolybdenum, contract discounts, Daniel Fitzgerald

NEW YORK — Molybdenum producers have booked 2014 contracts with formula discounts comparable to 2013 contracts, with an expected supply improvement next year impacting quoting levels.

One producer source said his company had secured 10 to 15 percent more contract business—based on volume—for 2014 in the U.S. market. "With pricing, the terms were no worse. We had very limited improvement in pricing terms," he....

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