LIBERTY, MO, Sept. 25 /CNW/ - MOLY2008 contains a full supply/demand
analysis, including a complete treatment of the recycling side. Plus it
includes an update on two dozen end use markets for molybdenum, as well as the
latest developments in stainless- and ultra high-strength steels. Information
is current as of September 2008.
MOLY2008 is unique in part because it fully addresses the recycled side.
Other reports ignore recycling or talk only about recycled catalysts. The
recycled contribution is much greater than just recycled catalysts.
Correct assessment of the size of the current market - which is north of
a half-billion pounds - defines a higher demand level in the future,
regardless of the projected growth rate that you use. Recycled material will
cover a percentage, but because it is a percentage, the absolute tonnage
required from the miner will be greater than in any forecast that excludes the
Plus, the recycled contribution could decline, transferring an even
greater demand to the miner. Call it the "scrap time bomb."
The molybdenum price got where it is today because the future market was
chronically underreported, and resource developers were denied opportunities.
Conventional supply/demand forecasts will continue that unfortunate tradition.
This report shows a greater resource development opportunity, even assuming
conservative future demand growth rates.
USD 5,000 for existing subscribers to the daily Molybdenum News Service
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