Molybdenum/Prices pick up after Chinese seek to counteract increased export tax

摘要

Unusually, January has had a quiet start in North America, with virtually no spot business concluded. This follows on from a quiet period that started in mid-December. One producer quoted a smaller lot of FeMo sold at above 33 dollars/lb. Contract sales, on the other hand, have been brisk, with customers taking their full allotments.