CHINA MOLYBDENUM SNAPSHOT: Prices pressured by waning downstream demand

By Karen Ng / June 19, 2018 / www.metalbulletin.com / Article Link

Key data from Metal Bulletin's Wednesday June 13 pricing session in China.

Key drivers- Demand from downstream participants has waned.- Chinese steel mills have not been active in procuring cargoes, leaving molybdenum concentrate producers with no choice but to reduce offers to secure business.-...

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