India: BHEL books 40 t of ferro molybdenum at reverse auction

Bharat Heavy Electricals Limited (BHEL) conducted a reverse auction for 40 t of ferro molybdenum (Mo: 60% min, 10-50mm) on 22 Apr’24 for its Haridwar-based unit. The entire material was booked with the L1 price at around INR 26,33,000/t FOR (including GST and GEM portal charges), as per sources.