Tag: India: Defence Ministry books 17 t of ferro molybdenum at reverse auction

India’s Ministry of Defence conducted a reverse auction for 17.7 t of ferro molybdenum (Mo:60-65%, 25-50 mm) for its Yantra India Limited unit on 10 Jul’24. The L1 bid price was at around INR 32,07,000/t FOR including GST and GEM portal charges, sources informed.