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US Moly Producers Cautious About Long-term Prospects
Nov. 25, 2013 10:40AM PST
Industrial Metals Investing
Metal Bulletin reported that although spot molybdenum prices in the United States have improved this quarter, American moly producers are still “cautious in their assessment of long-term contracts and consumer demand.”
Metal Bulletin reported that although spot molybdenum prices in the United States have improved this quarter, American moly producers are still “cautious in their assessment of long-term contracts and consumer demand.”
As quoted in the market news:
The spot price range for ferromolybdenum has widened to $11 to $11.25 per pound from $11 to $11.20 previously, while molybdic oxide prices are unchanged at $9.60 to $9.90 per pound.
Click here to read the full Metal Bulletin report.