- The dismal state of demand, coupled with the supply surplus now overhanging the industry, points to a prolonged spell of price weakness stretching well into the new year.
Ferrochrome: Prices continue to collapse
- Sharp contractions in demand have resulted in minimal buying activity. In an attempt to balance the market, the supply response has been to slash output.
Molybdenum: Demand freeze prompts price collapse
- The failure of the recovery in stainless steel, coupled with sudden slowdown in carbon steel, has stifled moly demand and prompted dealer liquidation