China’s Linghai Hengtai To Up 2011 Ferromoly Output 50% to 6,000 Mt

Platts reported that Linghai Hengtai intends to boost its ferromoly output by half.

The market news is quoted as saying:

The private company owns a ferromolybdenum factory in Liaoning province’s Linghai city, which produced around 4,000 mt of ferromolybdenum of 60% purity in 2010. Most of it was sold to local steelmakers on contract basis.

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