SAIL-Bhilai Steel Plant (BSP) conducted a reverse auction for 50 t of ferro molybdenum (Mo: 60%, 10-50 mm) on 30 Jan’25. The L1 price was at around INR 2,519,000/t on an LCNC basis, sources informed. BigMint’s assessment of ferro molybdenum (Mo: 60%, 10-100 mm) prices stood at INR 2,522,500/t exw-India on 31 Jan’25.
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