Will the stimulus jumpstart molybdenum?

- February 20th, 2009

Moly Investing News reports price of molybdenum has fluctuated quite a bit over the Lunar New Year but remained at the same level. The market demand for molybdenum decreased during the Lunar New Year holiday, as purchase volumes from China were light.  The price dropped; then steel mills started to strengthen their efforts to stock the … Continued

Moly Investing News reports price of molybdenum has fluctuated quite a bit over the Lunar New Year but remained at the same level.

The market demand for molybdenum decreased during the Lunar New Year holiday, as purchase volumes from China were light.  The price dropped; then steel mills started to strengthen their efforts to stock the products prior to the Spring Festival.  The price jumped briefly but then stabilized back to New Year holiday levels.

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