Author: Vijay Kumar

Weak stainless demand keeps market under pressure China demand supports global molybdenum prices Indian ferro molybdenum (Mo:60%, 10-100 mm) prices edged down a little by INR 40,000/t ($424/t) w-o-w to INR 4,095,000/t ($43,410/t) exw-India. Limited deals of around 15 t in last week and weak stainless steel demand led to slight drop in the prices.…