Moly market braces for price increase

Moly Investing News reports expectations for price increases of molybdenum market in September.

The availability of ferromolybdenum remains tight as output falls at a number of major producers. For this reason, companies are increasingly eager to explore for new, and expand current molybdenum mines. Moly’s projected supply and demand picture is quite different than what commentators are projecting for many of the other metals.

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