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South Korean Ferromoly Plants Continue Active Moly Oxide Buying

Investing News Network
Sep. 08, 2011 02:05PM PST
Industrial Metals Investing

Platts reported that South Korean plants are refilling their stocks of molybdenum oxide.

Platts reported that South Korean plants are refilling their stocks of molybdenum oxide.

The market news is quoted as saying:

This week, three local steelmakers issued purchase tenders for a total of 140 mt of ferromoly and 20 mt of moly oxide briquette this week, also fueled buying interests.

To read the full market news, click here.

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