Molybdenum

Journal Article · Sun Oct 01 04:00:00 EDT 1995 · Elements

OSTI ID:219551

Molybdenum takes its name from ancient Greek and Roman terms {open_quotes}molybdos{close_quotes} and {open_quotes}molybdaena{close_quotes}, both meaning soft and lead-like. Despite its soft texture, the addition of this element to metals has led to the development of steel and cast iron alloys that can withstand higher temperatures endure greater amounts of stress, and better resist corrosion. Applications outside the steel industry, including electrical, chemical, & catalytic, are quite diverse and have experienced significant growth throughout the years. In the molybdenum market, many high and low points in demand and pricing have been encountered throughout the 20th century, and the current trend in molybdenum trade is no exception to this pattern. 1995 has been a year charged with higher prices and increased production, representing yet another cycle in price volatility, which is common to most metal commodities. Recent prices have fallen; however, a more stable pricing trend is expected in 1996.

• OSTI ID: 219551
• Journal Information: Elements, Journal Name: Elements Journal Issue: 5 Vol. 4; ISSN 1074-8709; ISSN ELMEET
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
36 MATERIALS SCIENCE
MARKET
MOLYBDENUM
MOLYBDENUM COMPOUNDS
PRICES
SUPPLY AND DEMAND