Category: Ferro Molybdenum

Higher oxide costs support Indian prices Chinese prices rise RMB 2,000/t w-o-w Indian ferro molybdenum (Mo: 60%) prices remained largely stable w-o-w, declining slightly by INR 31,000/t ($326/t) to INR 4,328,000/t ($45,497/t) exw. Prices remained supported by firmer global market sentiment and higher imported molybdenum oxide costs. Deals for around 50 t were captured last…