Tag: India ferro molybdenum prices
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India: Ferro molybdenum prices strengthen amid cost pressures, LME gains
Buyers show caution amid strong price hike LME molybdenum oxide prices hit 2-year high Indian ferro molybdenum prices rose by INR 57,000/tonne (t) ($650/t) in comparison to the previous assessment on 20 August. The price hike followed an increase in London Metal Exchange (LME) molybdenum oxide tags and global ferro molybdenum rates. As per BigMint’s…