China to Define Global Price for Molybdenum According to Merchant Research & Consulting, Ltd.

Merchant Research & Consulting released research on the outlook for the global molybdenum market.

The press release is quoted as saying:

China is awaited to define the key trends on the global molybdenum market. The major part of the world molybdenum demand and around 35% of molybdenum mined volumes belong to China.

To read the full press release, click here.