Molybdenum Overnight View: Prices Still on the Way Down
Molybdenum oxide and ferro-molybdenum prices were expected to decline further heading into Wednesday October 14, although the rapidity with which they have been falling appeared to have decreased.Some market participants have said they continue to believe there must be a floor below which prices will not fall, even suggesting that, if and when prices do rise, they will do so "like a rocket".
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