Iron Investing News reports iron market moving towards a gloomy start. “We need to recognise the fundamentals of the market. The market would show that it does need a downward adjustment this year,” said Sam Walsh, head of Rio’s iron ore division. But given the potential for a recovery in industrial demand at some stage [...]
Moly Investing News reports demand for molybdenum may rise in China. Government spending will spark a recovery in steel demand towards the end of the year; but its mark on the molybdenum market will be limited. Demand for molybdenum in China likely will rise 6 per cent to 53,400 tonnes this year, then slip to [...]
Tungsten Investing News report tungsten prices expected to rebound. China, who holds a monopoly on the supply of tungsten, churned out 84,470 tonnes of tungsten concentrates last year. This figure was up by 5.01 per cent YoY; however the figure shows a 10.71 per cent contraction MoMo, December 2008 vs. December 2007. In 2008, yield of [...]
Iron Investing News reports iron-ore miners are looking for a price rise. The miners, which only a month ago were hoping to avoid a decline and keep prices flat, say a recent uptick in demand from China may signal that the market has bottomed out. They also note that spot prices have inched up since late [...]
Moly Investing News reports many analysts are awaiting the recovery in the global markets with the government stimulus plan. In their Global Metal’s Report released this week, Morgan Stanley gave its take on the near future for the molybdenum market. Morgan Stanley has stated, “We forecast prices to remain at a low of US$12 per pound [...]
Tungsten Investing News reports tungsten jewellery market did well over the holidays. The National Retail Federation had originally forecast holiday sales for the combined November-December shopping months to grow 2.2 per cent, which would still have been the weakest pace of gain in at least six years. The jewellery market was hardest hit, luxury goods [...]
Moly Investing News reports molybdenum prices have skyrocketed when the global spending on infrastructure took new heights. High prices and demand caused copper miners who produced moly in secondary production to copper to turn their focus to that metal. At the same time, junior miners and big players began exploring for primary producing moly mines. [...]
Tungsten Investing News reports price of tungsten has fell and Chinese tungsten makers will either shut down or decrease output. Most producers are confident that the low for the metal used in military applications is only for the short term. With China having such a monopoly on the market a ubiquitous output slash may stabilize [...]
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