Category: Ferro Molybdenum
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India: Ferro molybdenum prices hold firm amid moderate demand
Prices supported by firm raw material costs Buyer resistance limits European market activity Indian ferro molybdenum (Mo:60%, 10-100 mm) prices stayed largely steady, edging up a little by INR 5,000/t ($53/t) w-o-w to INR 4,100,000/t ($43,324/t) exw. Prices held steady as market fundamentals stayed same along with regular demand. Close to around 35 t of…