Dahlman Rose Cuts Molybdenum Price Forecast

Industrial Metals

Mineweb reported that Dahlman Rose lowered price expectations for moly and other metals.

Mineweb reported that Dahlman Rose lowered price expectations for moly and other metals.

As quoted in the market news:

While Dahlman analysts forecast continued improvements in the steel market should lead to increased molybdenum consumption over the near to medium term, “we remain concerned that a significant amount of supply is set to immediately enter the market.”

Click here to read the full Mineweb report.

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