Tag: India: Ferro molybdenum prices soften following global trends

Indian buyers resist elevated ferro molybdenum offers Stainless steel market holds firm amid rising input costs Indian ferro molybdenum prices declined by INR 56,000/tonne (t) ($638/t) as compared to the previous assessment on 10 September. Prices dropped due to lower domestic inquiries and a fall in LME futures, along with global tags. Ferro molybdenum prices…