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0.00% 6.9¢ moly mines limited

Chinese steel will negitiate new io prices in December. Expect...

  1. suzke888
    295 Posts.
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    09/11/08
    13:51
    Post #: 4480835
    Chinese steel will negitiate new io prices in December. Expect demand for io to pick up after that as 90% of io consumed for local Chinese development. Moly price IMO will follow and stabilise around $20 per lb.
    MOL Price at posting: 38.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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