Update on Chinese Molybdenum Trade Balance in September

Steel Guru reported China’s molybdenum trade balance for September 2011 and year to date trading.

As quoted in the market news:

During the first nine months of 2011, total exports were 18.663 million pounds while total imports were 14.217 pounds, export surplus. Compared to the last year’s figures during the same period, imports, although having been gradually increasing on monthly basis, were down still by as much as 49.4%.

Click here to read the full Steel Guru report.