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Molybdenum market quotation in China: molybdenum oxide, molybdenum powder and ferro molybdenum prices remains unchanged on Monday March 08, 2021 under weak supply and demand sides.
Market trading seems quiet and orders are rarely concluded, but with the support of high production cost, sellers are reluctant to reduce prices. Now ferro molybdenum manufacturers face pressure of price inversion affected by high molybdenum concentrate price and low trading activity in the steel tender market. The short-term market remains unclear.
In the news: He Wenbo, executive chairman of the China Iron and Steel Association, pointed out that the primary task of the steel industry is to ensure supply, play a good role in the regulation of import and export markets, and appropriately increase imports of primary solid carbide rods products such as steel billets to meet domestic steel demand. It is in line with China's "double cycle" development pattern and the orientation of expanding opening up.
Prices of molybdenum products on March 8, 2021
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http://www.blogster.com/branthamil/photography-as-a-tool-for-portrait-artists-and-portrait-paintersMolybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and oxide prices increased slightly despite trading activity in the steel tenders and international molybdenum market declined. At present, insiders mainly pay attention to steel tenders and shipment of concentrate before the holiday of Labour Day.
In the molybdenum concentrate market, the order growth rate has slowed down. Downstream users’ purchasing enthusiasm has decreased, and molybdenum mining companies have raised their strong rised mentality, which are the main reasons for the difficulty in trading volume.
In the ferro-molybdenum market, the overall wait-and-see atmosphere has increased. steel companies have entered the market slowly and are not Zgcc Cemented Carbide willing to sell their products. Therefore, market trading seems quiet. The relationship between demand and supply needs to be improved in the molybdenum chemicals and its products market. affected by tight supply, ammonium tetramolybdate price is about 117,000 yuan/ton, and molybdenum powder price is about 236 yuan/kg.
Customs statistics show that in the first quarter, China’s exports of mechanical and electrical products were 2.78 trillion yuan, an increase of 43%, accounting for 60.3% of the total export value, an increase of 1.7% year-on-year; among them, the export of automatic data processing equipment and its parts and components, mobile phones and automobiles increased by 54.5%, 38.5%, and 98.9% respectively. During the same period, the export of anti-epidemic materials continued to grow, and the export of textiles, Cemented Carbide Inserts including masks, increased by 30.6%.
Prices of molybdenum products on April 14, 2021
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http://alanalfred.blogtez.com/post15.phpChina molybdenum price remained stable in the week ended on Friday March 05, 2021 as the market was in a stalemate.
In the molybdenum concentrate market, the overall activity has declined compared with last week, and downstream users were less active in receiving goods. This is the main reason why molybdenum companies' quotations were difficult to increase. However, due to the substantial increase in the previous period, the current raw material inventory was not very cemented carbide strips large.
The ferromolybdenum market was under pressure. When the last round of steel recruitment activities has just ended and the new round of steel recruitment activities has not yet begun, the market was low, and low-priced raw materials were difficult to obtain. Ferro-molybdenum merchants were cautious; in the molybdenum chemical industry and its products market, the buying and selling atmosphere was slightly deserted, and the end customers mainly purchased just-needed products. However, supported by the strong price of raw materials, suppliers still felt reluctant to sell at low prices.
Prices of molybdenum products on March 5, 2021
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http://alanalfred.blogtez.com/post6.phpUS molybdenum metal prices rose sharply in the first week of February, fueling US concerns over the availability of imports from China amid the coronavirus outbreak.
US market participants expressed uncertainty regarding the length of lead times for delivery of Chinese metal to replenish inventories in cemented carbide rods the US.
Multiple provinces in China announced the extension of the lunar new year holiday around 30 January, and supply concerns began to permeate the US spot market the following week.
Prices have climbed since late January on supply concerns. Offers for vacuum-grade molybdenum scrap, which market participants say are used as a proxy for molybdenum metal prices, were hovering within the $16-17/lb delivered US consumer range in late January. But recent sales of molybdenum metal rose to as high as $19-20/lb, and traders noted offers as high as $23/lb.
Some suppliers opted to take advantage of the hike in prices and sell volumes, while others expressed reluctance to sell amid a seemingly tightening supply and the potential for further price increases.
While molybdenum oxide prices have risen over the same period, US feedstock prices are not rising as sharply as metal prices, untethering from the typical gap between finished product and feedstock often used as a gauge of where to bid and offer for metal volumes.
US imports of unwrought molybdenum fell by 19pc to 586 metric tons (t) in 2019, an eight-year low. China still is the largest supplier of the metal to the US, despite only comprising 37pc of imports into the US, down from 52pc the previous year.
The decline in imports throughout last year could mean a shrinking supply of leftover inventory, barring a large increase in January 2020 imports or a ramp-up in metal production by domestic suppliers.
Additionally, consumer appetite for stainless and specialty steels appears to be strengthening, as demand for stainless steel scrap picked up in recent weeks, lifting prices higher.
Molybdenum metal prices could continue to increase if Chinese producers experience setbacks in ramping up production to previous levels for export. On the other hand, using the price vacuum-grade molybdenum scrap delivered to a consumer as a comparable, the largest spread between scrap and molybdenum oxide in nearly two years the US has been around $7.50/lb.
Taking the recent sales of molybdenum metal at around $19.50/lb and the Argus molybdenum oxide price of $10.75/lb assessed 6 February, the spread is $8.75/lb.
Other suppliers, such as Canada and Germany may attempt to capitalize on those margins, but the arbitrage opportunity likely cannot last for an extended length of time. A rise in molybdenum oxide prices might result as more is used for conversion, which would line up with recent increases in international prices.
http://arthuryves.mee.nu/price_living_the_tungsten_darts_dreamThe Conflict Minerals Rule (Rule) requires SEC reporting companies to undertake diligence and then report their use of certain minerals. The Rule applies to all SEC reporting companies that manufacture or contract to manufacture products containing any of the four “conflict minerals” – gold, tantalum, tin and tungsten. Conflict minerals are found in countless electronic and industrial products. All industries – including public utilities, energy and power companies – are covered by the rock drill bits Rule, and companies must consider what diligence and reporting obligations apply to them and their operations.
Although many in the power industry might expect that they would be outside of the scope of this Rule, there are circumstances in which public utilities, energy and power companies could be deemed to be “manufacturers” or “contract manufacturers” under the Rule and therefore subject to it.
Note: the first reporting period under the Rule is calendar year 2013, so companies should commence a process right away to determine the degree to which (if any) the new Rule applies to them. A company may have only a few products that are covered, but because of the possible scope and cost of diligence, conflict minerals (gold, tantalum, tin and tungsten) compliance should be considered sooner rather than later.
Failure to comply with the Rule could have serious business and legal consequences. The Rule does not ban or prohibit the use of conflict minerals. But, customer and activist pressure about the use of conflict minerals has already created quite a stir in many industries. It is important to note that the failure of a reporting company to make Sandvik Drilling Tools a required filing could render it ineligible for S-3 treatment. That ineligibility could be significant in accessing the capital markets.
As a first step, a public utility, energy or power company should consider:
Whether its business involves the sale or lease of any product? (for example, smart meters, demand management/energy efficiency devices, power generators, electrical appliances).
Whether those products are purchased off-the-shelf for resale or whether that company has any input into their manufacture?
The SEC did not provide much guidance on whether an item is a “product” or whether a company will be deemed to be a “manufacturer.” And, although those seem like straight-forward questions, answering them for purposes of the Rule may require detailed and reasoned analysis.
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http://philiposbo.mee.nu/china_molybdenum_price_-_march_15_2021
Fresh water fishing is a sport involving the catching of fish in lakes, rivers and streams. It involves a lot of patience, challenge and a lot of acquired skill over time.? Anyone can participate in this fun activity, including the kids.To start, you have to check your State?s fishing requirements and make sure if a license is needed for you to fish. If it is required, you must acquire one by checking with a sporting goods store. They will help you how to get it, and some will even provide it for you.During the time that you are in your favorite sporting goods store, you can look around and buy the right fishing equipment that you will be need for your trip. Considering that you are a beginner, make sure that you budget well the cost and your spending on the equipment, not deciding on expensive equipments; buy only the basic things you will need. When in doubt as to what is needed, ask the help of the store keeper, but do keep in mind that you need to stick to a budget. Take your time and don?t hesitate to ask how to use each piece of equipment that is offered to you. Artificial lures for bait can be used or you can simply look for worms from your back yard. An inexpensive fishing rod and reel will be enough along with a fishing line, hooks, weights, a bobber (this keeps your line afloat), fishing lures and net. A polarized sunglass is also essential, as it will help to see clearly through the water and lessen the glare. Then if you don?t know the good locations to fish, ask about local ?hot? spots, or check your State?s fishing regulations for information about fishing locations around your State. The time will surely come when you will be a better fisherman; then you may decide on upgrading your equipment. In the meantime, keep things simple. ?It is always advised that you avoid fishing alone.? Always be with a friend, as when emergency strikes, there can be someone who can call for help.It is wise to start fishing in shallow waters. Aim your cast in shady or rocky areas where the water is deep, as this is where the fish is expected to be found. Keep in mind that this is all practice first. As your skill level develops and increases, you can then attempt into deeper waters. But before going, take the time to practice casting to familiarize yourself with your rod and your reel. What better place to practice than your back yard. To do so, mark off an area using a rope and use this as your guide in aiming your cast. Rehearse and study your movements to discover a method that will work for you. Bear in mind, cast with your wrist, and not with your arm. Fishing hooks are very sharp and needed to be handled with care to avoid injury.? Before casting, it is important that you should look around you and stay unobstructed to avoid hurting other people with your hook.?When the right time has come and you go fishing for real, keep in mind to cast your line always ahead of the fish, making your bait land slowly, with as little splash as possible. The Tungsten Fishing Beads fish will see well at a close point, but cannot see behind.If your casts are going in a disorganized manner, move closer to the water so you can gain better accuracy. Watch the bobber closely for any movement. If and when a fish grabs the bait, the bobber will be pulled under water. This signals that you got a fish on the line.? Don?t get too excited.? Remain calm. Keeping your line tight, slowly reel in your catch. Place the net near and use it to bring the fish out.? Remove the hook from the fish with great care.?If you got an undersized fish (as noted in the state?s regulation book), quickly return it to the water. Likewise, if you have no intention in eating your catch, do not waste it and return it to the water. Releasing the fish will supply the water with more fish, giving future fishermen the thrill to experience a catch. Lastly, look around you and feel the calm, restful and serene view of the river.? Have fun!
http://alanalfred.blogtez.com/post15.php