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Tungsten & Molybdenum

by: October 28th, 2015

The slide continues…

Moly is down at the $4.70 range after being at nearly $6 just 30 days ago. This is a far cry from where it was this time last year ($10+)

Tungsten also continues it’s slide. After holding steady in the $6-$7 range for a couple of months, it has fallen below $5 (nearly 1/3 of what it was worth last summer)

As we head into November and nearing the end of 2015, we are optimistic 2016 will start off nicely, albeit not a complete turnaround but a solid, positive run to start off the new year.

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