China to Define Global Price for Molybdenum According to Merchant Research & Consulting, Ltd.Aug 10th, 2011
LONDON – Molybdenum is highly in demand for the today’s industry. The healthy rates of demand have been always backed up by the steel industry. According to future projections the global molybdenum consumption level is set to grow by approximately 9% in the coming year.
China is awaited to define the key trends on the global molybdenum market. The major part of the world molybdenum demand and around 35% of molybdenum mined volumes belong to China. Moreover the growth in steel market here is forecast to outpace the average country’s GDP growth which will definitely impact the global price for molybdenum.
Detailed review and outlooks for global, regional and country markets of molybdenum can be found in the new market research report “Molybdenum Market Review” that features in-depth data on the present situation, historical background and future forecasts for the markets and indicates molybdenum capacities, production, consumption, trade statistics, and prices in the recent years (globally, regionally and by country).
Molybdenum Market Review
Published: February, 2011
The report addresses cutting-edge information on molybdenum producers and suppliers, provides data on molybdenum production and consumption in the respective country, molybdenum trade activities in the reviewed countries, molybdenum prices. Molybdenum market forecasts up to 2016, including market volumes and prices, are also covered.
The research on molybdenum has been prepared by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Molybdenum Market Review” is included into the catalogue “Metals”, which also covers Aluminum, Antimony, Beryllium, Chromium, Copper, Iron and Steel, Lead, Magnesium, Mercury, Titanium markets.
Merchant Research & Consulting Ltd.
Julia Hill, Sales Manager
Tel: +44 20 7558 8740
Fax: +44 (20) 7900-3970