Tag: India ferro molybdenum prices
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India: Ferro molybdenum prices surge to around 1-year high on raw material scarcity
Logistical issues cause molybdenum oxide shortage Chinese prices climb up, LME tags hold steady w-o-w Indian ferro molybdenum prices rose further by INR 30,000/t ($349/t) in comparison to the previous assessment on 2 July. Prices reached their highest levels since July last year amid a shortage of molybdenum oxide in the domestic market. As per…