Roskill: Molybdenum demand to drop by more than 8% in 2020

Green Car Congress
By mmillikinSep 13, 2020, 4:00 am315 pts
Roskill expects demand for molybdenum to drop by more than 8% in 2020. The molybdenum market enjoyed three years of growing demand between 2016 and 2018, but macroeconomic concerns and a slower steel market resulted in a 2.3% decline in 2019. Mine supply continued to edge higher in 2019, albeit by a relatively…

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