08
May
18:34
General Moly pins hope on oil, gas
US molybdenum exploration and mining company General Moly sees long-term growth in the domestic market due to the demand for specialty steels for oil and gas drilling, Kallanish learns from the company’s first quarter earnings review.
“In regards to the moly price, we saw a brief downturn where the price retraced to $11.83/pound in mid-April before increasing to the current price of $12.40/lb, trailing the same general pattern as the oil price, which…
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Anonymous
Very good overview of the weekly steel market.
Anonymous