China moly market awaits price boost from re-stocking
Shanghai 31 August 2009 04:53
Chinese molybdenum prices are likely to rise again in the next month as steelmakers in China and overseas return from holiday and need to re-stock. Molybdenum concentrate prices have dipped to 2,400-2,450 yuan ($351-359) per mtu since mid-August, down from 2,700-2,750 yuan...
