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Moly Investing News reports molybdenum price continues to fall despite the recent optimism. Last week, sluggish demand and high stockpiles caused European ferromolybdenum prices to drop below US $21 per kg. US market prices also slid, down to US $9.20 per lb, versus the earlier level of US $9.70 China’s export prices, although, were steady …
Moly Investing News reports molybdenum price continues to fall despite the recent optimism.
Last week, sluggish demand and high stockpiles caused European ferromolybdenum prices to drop below US $21 per kg. US market prices also slid, down to US $9.20 per lb, versus the earlier level of US $9.70 China’s export prices, although, were steady at US $23 per kg.
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