Tag: Global ferro molybdenum market trends
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India: Ferro molybdenum prices decline w-o-w on muted demand, lower LME prices
Stainless steel demand remains sluggish LME futures prices dip by $1.35/lb w-o-w Indian ferro molybdenum (Mo 60%, 10-100 mm) prices declined by INR 360,000/t ($3,959/t) as compared to the assessment on 18 February 2026. The drop was primarily driven by quiet global market activity during the holiday period, particularly in China, weak domestic end-user demand,…