| The biggest casualty of the malaise affecting global steel markets isn’t iron ore, or even coal. Instead, an often-overlooked metal that is produced in countries including the U.S. and traded in London has experienced the steepest price falls: molybdenum.
The commodity, used to increase the hardness of steel and help protect it from corrosion, is piling up at ports and storage facilities around the world because of too much supply and listless demand from steelmakers...............................................Full Article: Source
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