Tag: India ferro molybdenum prices
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India: Ferro molybdenum prices hit over 2-year high amid tight oxide supplies, strong global demand
Domestic offers hit INR 3,000,000/t ($34,366/t) exw Chinese prices surge RMB 20,000/t ($2,787/t) w-o-w Indian ferro molybdenum prices increased by INR 80,000/tonne (t) ($916/t) as compared to the previous assessment on 23 July. Prices increased to over a two-year high due to the tight supply of molybdenum oxide and robust demand globally. As per BigMint’s…