Molybdenum News Center

Internal staff steal molybdenum iron worth $ 300,000

Xiangtan Steel workers named Mao frequently steal the production of raw materials of the factory, just three months stole molybdenum iron worth $ 300,000. On May 18 Procuratorate Yuetang revealed that the members of the criminal up to 18 people and has been approved to be arrest.

Named Mao and 18 suspects are Department of Xiangtan Steel workers. For interest-driven, they "eat grilled outside, playing the idea to make money smuggling of molybdenum iron (a raw material used as a steel additive).

The period from November 2011 to February 2012, the thefts take advantage of the machine to work, put molybdenum iron into their own lounge, then off work they make molybdenum iron bundled himself when out of the factory, every one sells the goods by themselves, the proceeds all money has been squandered.

According to the prosecution initially identified, named Mao theft molybdenum iron about two tons, the value of the case to reach 30 million.

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