Category: Ferro Molybdenum
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India: Ferro molybdenum prices rise on surging raw material costs, firm global prices
Indian offers reach INR 4,450,000/t ($46,795/t) exw Buyers delay bookings amid higher prices Indian ferro molybdenum (Mo: 60%) prices edged up by INR 110,000/t ($1,157/t) w-o-w to INR 4,310,000/t ($45,323/t) exw. Prices rose following an increase in molybdenum oxide costs along with global price hike. Buyers, however, stayed cautious about procuring material and hence limited…