Many Chinese molybdenum miners lifted concentrate prices on Monday, citing increased buying, market sources told MB. "Some stainless steel mills began to buy ferro-molybdenum last weekend, and that has led moly miners to think that demand is going to get better...

But the article is subscription. Well thats the headline a bit of insight.

http://www.metalbulletin.com/Article/2352877/NonFerrous/Chinese-moly-miners-raise-prices-on-more-buying-.html