Moly market braces for price increase
Fri, Aug 29, 2008
Moly Investing News reports expectations for price increases of molybdenum market in September.
The availability of ferromolybdenum remains tight as output falls at a number of major producers. For this reason, companies are increasingly eager to explore for new, and expand current molybdenum mines. Moly’s projected supply and demand picture is quite different than what commentators are projecting for many of the other metals.
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Tags: demand, ferromolybdenum, Moly Investing News, molybdenum market, molybdenum mines, price, supply
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