Tag: India ferro molybdenum prices
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India: Ferro molybdenum price rally continues on firm demand, end-user support
Tight concentrate supply keeps prices elevated Stainless steel price hike supports ferro molybdenum Indian ferro molybdenum (Mo 60%, 10-100 mm) prices went up further by INR 99,000/t ($1,022/t) w-o-w to INR 4,121,000/t ($42,554/t) exw, as per BigMint’s assessment on 20 May. Prices increased owing to steady demand, end-user price rise and continued shortage of raw…