The molybdenum oxide and alloy markets in Europe fell on deals reported midweek, but the downward trend in prices appears to have reached a bottom and a recovery is expected soon, sources said on Wednesday September 26.

Suppliers have been making deals with consumers increasingly prepared to buy material either at the top end of the range, or ready to negotiate solid carbide rods at prices above that level.

The move follows a steady drop in molybdenum prices over the past two weeks as Asian suppliers were willing to sell at lower prices as consumers failed to emerge after the summer lull. That dragged down prices in Europe where consumer buying interest was also weak.

Metal Bulletin assessed the price of European drummed molybdic oxide, in-warehouse Rotterdam, at $11.60-11.80 per lb on September 26, down from $11.80-12.00 per lb on Friday September 21. About 156 tonnes of oxide was reported traded at $11.60-11.80 per lb, compared with only 20 tonnes traded in the previous week for forward delivery in October, at $12.10 to $12.20 per lb.

“Last week we started seeing anxious Asian sellers and signs of consumer demand in Europe," one oxide supplier said. "The Asian move dragged down both Asian and European prices but from today we are seeing more European consumer demand as they think the molybdenum markets have reached a bottom. That should influence Asian demand."

A trader agreed that a rise in prices looks to be on the way. "There is more trading activity in Europe this week, which is expected to increase in the next couple of weeks, although much depends on oxide prices," the trader said. "Briquettes were sold on Tuesday at $11.70 per kg, but a day later briquettes are being offered at $11.90 per kg, so the markets seem set to push higher in the next week or so."

The price of ferro-molybdenum, in-warehouse Rotterdam, was $28.50-28.80 per kg on Wednesday, down from $28.80-29.00 per kg on Friday of last week. Only 24 tonnes of ferro-molybdenum were reported traded at $28.60 per kg, down from 48 tonnes the week before, at $29.00 per kg.

In terms of downstream consumption, a drop in stainless steel prices amid a stock selloff showed that some steel suppliers were cutting prices to compete with that selloff.

Steel traders have said that market competition with stockholders has become so strong that they have lost market share this month, and are unlikely to meet sales targets for September despite healthy underlying demand.

Steel traders have attributed that loss of market share to the persistently high volume of imports from Asia on which the recently implemented EU safeguarding measures have yet to have an effect.

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Like many things in fly fishing you can ask 10 different fly anglers a single question and you?ll get 10 different answers. Asking what steelhead rod one should use for fly fishing is no different. Every circumstance is different. And the answer varies with each situation. However let?s try to get a generic answer so everyone can at least get started in this rewarding aspect of fly fishing.

RODS
Most steelheaders use at least a seven weight rod. And in fact that is my recommendation. There that would be the end of it, except for one thing. We, fly fishermen have a perpetual habit of complicating things. Choosing rods is no different. A seven weight, in my opinion is an ideal all around steelhead rod, that will work for any steelhead conditions. However if one is fishing out west in big water, under windy conditions, fighting bigger than average fish, then you will be cursing your seven weight rod in no time, as being too light. Therefore before you buy, think about the fishing you most plan to do. If your favorite river is large and the fish are big and the current is strong then seven weight will not be big enough, if the stream is smaller and the fish are in the six pound range than seven weight will be plenty. And some thrill seeking fly fisher?s will use six.

As for length, the absolute shortest rod I would use is 9 foot. With 9 and a half recommended, especially for weights over 7. Again think of the conditions and the same rules for weight, more or less work for length. Longer rods provide longer casts, and more control. Out west two-handed spey rods are becoming more and more popular for steelhead fishing. With roll casting often required. Two handed rods allow the longest casting and can lengthen the fishing season, when high waters would force one off the river, when using a single handed rod.

REELS
When playing a steelhead, the reel becomes much more than just a place to store your fly line. The reel needs to be reliable as steelhead switch directions instantly peeling off line. They need to be large enough to hold your fly line and 150 yards of backing. Large arbor reels are becoming popular as they pick line up in a hurry, when your prized steelie decides to run at Tungsten Bullet Worm Sinkers you.

LINE
Erie steelheaders tend to use floating line as the rivers are smaller, they are perfect. If you would like a little boost in casting then get a weight forward line, marked by WF on the package. On big rivers one should carry a floating line and a sinking tip line, as the conditions change during the season. Getting the fly down to the fish is vital.

LEADERS
Most steelheaders actually make their own leaders. Using Maxima Chameleon more often then not. Tippets should be 0x or smaller, Erie steelheaders can go up to 4x on clear water days. But bigger river anglers should stay around 0x or .011 diameter to turn over the bigger flies, and to allow for strong arming the fish. For detailed leader recipes check our www.globalflyfisher.com.

Well that?s it if you have never tried steelhead fly fishing you are in for a treat. Use this guide as a starting spot for acquiring the proper gear, pick up a few flies from www.bigyflyco.com and just add water.http://bensonwalk.blogtez.com/post10.php

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It is one of the most popular past times in the country with over 4 million anglers in the UK alone. These anglers don't just catch fish however they are keen and interested in river conservation too, making sure our rivers don't get polluted and littered.


The team behind Ocean Tackle Store have provided guidance and advice on how to start and take joy in fishing.


First of all, you will need the basics, for taking up fishing these include a rod and a reel. These need not be costly and you shouldn't spend much more than ¡ê20 helping you catch heavyweight fish. It is always important that every fisherman has a tackle box along with other accessories.


Then you have to decide where you are going to fish, will you pick the sea or freshwater. The fish in both of these places are extremely different and require different fishing tactics. For all styles of fishing, it is essential to learn how to cast, every angler does it a bit differently, and an advised way to practice in an open space, like your back garden. Just make sure no one else is around.


Once you have picked up the skill of casting Tie a fishermans knot onto your hoot and secure the bait, this can be live bait like maggots, or if this makes you feel a bit unwell you can always use dry pellets. Another userful piece of attire is polarized sunglasses and these will weaken the glare from the water surface, allowing you to see what's lurking beneath.


When planning your first fishing excursion trip it is always advisable to listen to more knowledgeable anglers. They usually are in the know of the best areas and will provide plenty of advice on sea fishing hooks. A good pointer on learning how to fish is to think like a fish, this way you will discover hiding places. Local fishermen will also give you information about pollution in the area, very useful if you are looking to eat your catch.


After the fishing line has been cast to where you think the fish might be, reel in the slack. Its useful to hold your rod on a 45-degree angle, Keep casting and reeling in until you feel a tungsten slotted beads strain on your line, you have caught your first fish! Aim your rod towards the fish and reel in pulling up the rod tip to set the hook. To reduce injury to the fish, do this process as quick as you can and then catch the fish with a net as it approaches the shallow water and transfer it to the bucket, removing the hook carefully.


An advantage wish fishing is getting outside and near the water however catching the fish can be fun too. Making sure you have the right equipment will make this task even easier and enjoyable, and more importantly safe.
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