The recent market situation of carbon cored wire is stable recently with ordinary demand volume. Delivery of the manufacturers is still mainly for regular steel mills. The price has been stable since slight reduction at the end of October.
[Ferro-Alloys.com] China Molybdenum Co said it planned to take an indirect 30% stake in an Indonesian nickel project as it looks to increase its exposure to the growing market for battery metals.
[Ferro-Alloys.com] LONDON (Reuters) - Bargain hunters have helped molybdenum recover after prices crashed to two-year lows, but ample supplies of the metal used to make stainless steel mean further significant gains for now are unlikely, analysts say.