Molybdenum oxide, ferromoly prices hold firm ahead of holiday

摘要

Molybdenum prices remainedfirm Tuesday, despite the proximity of theChristmas and New Year holidays.Rather than winding down ahead of theyear's end, brisk business has seen oxideprices rise by around 10%, or virtually $1/lb,since the beginning of the month. The market'srecent strength "is a surprise to everyone," oneEuropean trader said.