Molybdenum

Source: Reuters Compared to molybdenum and cobalt contracts, as we laid out in Part One, the loser has been the steel billet contract (see graph above) — loser in the sense that while both steel and molybdenum contracts have declined, steel is the largest globally traded metal and as such, demand for a hedging product […]

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Here we go: China’s the bad guy — again. As if recent economic outlook reports for China’s domestic economy haven’t stirred the pot enough, now the country is dealing with the United States, the European Union and Japan banding together to bring WTO action against its restrictions on rare earth metal exports. The rare earths […]

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China, as the world’s largest steel producer, is the world’s largest consumer of molybdenum. China is also the world’s largest moly-producing country (although North America is the largest producing region). According to the International Molybdenum Association, use of molybdenum in transportation, power generation, building and construction will likely increase by 6 percent each year through […]

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Based on our content of this week, one might conclude we only cover aluminum. However, regular readers know we endeavor to cover the entire spectrum of industrial metals. Late last week, MetalMiner sponsor Supply Dynamics released its metals outlook (scroll halfway down the page to see it) for June December 2011. What makes the report […]

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Source: Mining-journal.com 1. “China Doing To Uranium What It Has Done To Copper One of our most recent posts, this article is already one of the 2010’s best viewed. Stuart looks at China’s effect on a pretty “hot minor metal market in terms of news this year: uranium. 2. “Ferrochrome Prices Continue Their Relentless Rise […]

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Source: National Geographic magazine; Photo by Michael Melford As I unwrapped the plastic mailer from my December issue of National Geographic magazine, the second-from-last headline on the cover caught my eye. It read: “Alaska’s Choice: Gold or Salmon? The words “Alaska, “gold and “salmon intrigued me. Alaska, because I consider myself a camping/hiking/all-around outdoors enthusiast […]

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If investor interest in nickel is anything to go by, prospects for the metal’s little brother, molybdenum, should be looking up next year. Admittedly, part of the attraction for nickel is the tightening supply market, but that is being driven by an increased demand for stainless this year over last. The same dynamic will be […]

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The debate about adding ferro-chrome as an LME contract is not as far fetched as it may first sound. As Roskill advises, the stainless steel industry is by far the largest consumer of ferro-chrome. The industry is dominated by just three countries of supply – South Africa, Kazakhstan and India, with South Africa by far […]

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The LME’s minor metals contract has been up and running for two months now and although both are at a nascent stage they have already begun to exhibit diverging patterns of behavior. Molybdenum prices have stagnated whereas cobalt prices have picked up markedly. Although it is premature to be drawing any conclusions at this stage […]

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Molybdenum Prices Moving Up in 2010?

by Lisa Reisman on January 12, 2010

Style:    Category: Commodities, Minor Metals

It has been nearly a year since we last wrote about molybdenum. Molybdenum just doesn’t get the “airtime” that the other metals receive, mainly because it is used as an alloying element to make high-strength steels along with stainless steels, super-alloys and tool steel. However, 2010 could prove an interesting year for molybdenum as it, […]

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