Category: Ferro Molybdenum

Global concentrate shortage fuels bullish sentiment Leading Indian stainless player raises 316 grade prices Indian ferro molybdenum (Mo 60%, 10-100 mm) prices surged by INR 267,000/t ($2,791/t) as compared to the assessment on 6 May. Prices have reached the highest level since March 2023 as the market is currently facing global shortage of molybdenum concentrate.…