Tag: India ferro molybdenum market
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India: Ferro molybdenum prices rise on global cues, LME futures hike
Rising Chinese prices drive global molybdenum market LME molybdenum surges to nearly two-year high Indian ferro molybdenum prices witnessed an increase of INR 63,000/t ($723/t) as against the previous assessment on 13 August. Prices went up amid strong global and domestic demand along with LME futures prices almost touching a 2-year high. Ferro molybdenum prices…