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European molybdenum market price appears small drop25 Oct 2012

The current European molybdenum market demand serious lack, molybdenum oxide, ferro molybdenum and other products prices appear small drop. European molybdenum oxide offer 11 (flat) - 11.1 (fell 0.1) dollars/pounds; European ferro molybdenum offer 27 (flat) - 27.9 (fell 0.1) dollars/kg of molybdenum. Companies have said that market cold and cheerless don't change, late bullish expectations or lost. The United States economic recovery was slow, steel market development less than expected, molybdenum product demand relatively declined, the current ferro molybdenum and other prices remain low.

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