Molybdenum market report Jul 2011
2011-08-05 10:27:51 【Print】
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In July, Chinese molybdenum market bottomed up slowly supported by basic metals, especial of cooper, prices increased, traders bought low and steady tenders for ferromolybdenum from steel mills, and prices increased by 3.5% for molybdenum concentrate 45% and by 3.7% for ferromolybdenum in China.
In the same vein, European molybdenum market saw a batch of purchase this month, though many participants had entered the summer holiday. Prices increased by 1.3% for molyoxide and by 3.3% for ferromolybdenum in Europe.
In the same vein, European molybdenum market saw a batch of purchase this month, though many participants had entered the summer holiday. Prices increased by 1.3% for molyoxide and by 3.3% for ferromolybdenum in Europe.
