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    market news

    Japan tests the molybdenum market

    Melissa Pistilli
    Nov. 04, 2008 09:41AM PST
    Market News

    Moly Investing News reports Japan testing the moly market in the current recovery in the financial markets. Production fell in August as plants closed in mid August for holidays. Production for September and October 2008 is likely to be between the July and August figures, but a drastic fall is expected starting November 2008. The …

    Moly Investing News reports Japan testing the moly market in the current recovery in the financial markets.

    Production fell in August as plants closed in mid August for holidays. Production for September and October 2008 is likely to be between the July and August figures, but a drastic fall is expected starting November 2008. The current consumption of molybdenum products for SUS316 production is roughly 500 tonnes per month.

    For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

     

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