Molybdenum Supply Exceeds Demand by 14 Million Pounds in Third Quarter
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- Category: Molybdenum's News
- Published on 12 February 2015
- Written by luya
- Hits: 649
Global production of molybdenum increased to 150.3 million lb in Q3, up 5% from 142.9 million lb in the previous quarter, and up 11% year on year, IMOA said. Global use of molybdenum in Q3 fell slightly to 136.4 million lb, down 3% from 139.9 million lb in the previous quarter and 1% lower than the same quarter of 2013. North America remained the biggest producer, with Q3 production rising 7% to 53.3 million lb from 49.9 million lb in Q2 and 20% from Q3 2013.
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