14
Aug
15:07
General Moly sees ferroalloy on upward pricing trend
US ferroalloy producer General Moly hopes to benefit from a nearly 20% hike in the price of molybdenum since the beginning of the year, Kallanish learns from the company's second quarter earnings review.
The steel hardening agent is now at $12.23/pound, up 19% since the end of December and 45% since Q2 2017, the company states.
General Moly is in the process of developing the pure-play Mt. Hope project in Eureka, Nevada, with the next step consisting of s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous