Tag: Global ferro molybdenum market updates
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India: Ferro molybdenum prices climb to nearly 3-year high on strong global cues, raw material shortages
Stainless steel prices supported by rising ferro alloy costs Chinese prices inch up; LME futures hit new high Indian ferro molybdenum prices increased by INR 167,000/t ($1,844/t) compared to the previous assessment on 4 February. The rise was driven by higher seller offers, supported by the upward trend in global markets and firm LME prices,…