Global Molybdenum Demand Hits New High in 2010: IMOA

Industrial Metals

Platts reported that the International Molybdenum Association said molybdenum demand hit a record high in 2010.

Platts reported that the International Molybdenum Association said molybdenum demand hit a record high in 2010.

The market news is quoted as saying:

European demand was 113.9 million lbs in 2010 up from 107.3 million lbs in 2009. Usage in the US and Japan accounted for 67.9 million and 60.9 million lbs respectively in 2010.

To read the full market news, click here.

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