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US molybdenum prices continue to rally

February 03, 2012 - 23:58 GMT Location: New York

KEYWORDS: molybdic oxide , molybdenum , moly , ferromolybdenum , prices

Molybdenum prices in the U.S. market firmed further this past week as supply remains constricted and demand continued to pick up momentum, market participants said.

Prices for molybdic oxide have risen to between $14.25 and $14.50 per pound from $14.20 to $14.45 previously, while those for ferromolybdenum have increased...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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