Tag: India: Ferro molybdenum prices edge up on firm raw material and global costs

Indian trade levels touch INR 4,250,000/t ($44,674/t) exw levels Chinese steel mills maintain need-based procurement Indian ferro molybdenum (Mo:60%, 10-100 mm) prices witnessed a slight increase of INR 45,000/t ($473/t) w-o-w to INR 4,135,000/t ($43,465/t) exw, as per BigMint’s assessment on 10 June. Prices stayed supported by firm molybdenum oxide costs and stability in global…