11
Oct
19:18
General Moly touts coming ferroalloys price run
US molybdenum producer General Moly believes the ferroalloy is set for another bull price run, Kallanish reports.
Despite a general drop-off in raw materials during the third quarter, molybdenum remains up 17% year-to-date compared with 2017.
"We believe that industrial metal prices are coming off their lows,” says ceo Bruce Hansen. “The moly price has been range-bound between the high $11s and low $12s since mid-July. With the strong US econ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous