Author: Vijay Kumar
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India: Ferro molybdenum prices hold firm amid stable market conditions
Steady raw material costs support seller offers European market sees subdued trading activity Indian ferro molybdenum (Mo: 60%) prices stayed largely steady, going down slightly by INR 21,000/t ($219/t) w-o-w to INR 4,336,000/t ($45,284/t) exw. Unchanged global market and steady raw material costs helped to keep ferro molybdenum prices stable. Market recap (17-22 September) Global…