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21 Mar
15:22

General Moly sees stronger energy steel market ahead

US ferroalloy producer General Moly expects 2017 to be a more robust sales year due to the prolonged uptick in the domestic energy industry, Kallanish learns from the company’s 2016 earnings review. “We anticipate an improved molybdenum market going forward as we see the oil market stabilise and energy-related steel production increasing,” says ceo Bruce Hansen. “We also remain focused on maintaining our ongoing spending levels in alignme…
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