Tag: India ferro molybdenum prices
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India: Ferro molybdenum prices decline despite firm global sentiment
Buyers’ price resistance limits deal closures at higher levels Sellers keep offers firm on expectations of tight oxide supply Indian ferro molybdenum (Mo: 60%) prices fell slightly by INR 60,000/t ($627/t) w-o-w to INR 4,200,000/t ($43,897/t) exw on 29 July 2026. Bid-offer gaps pushed domestic prices down; however, the global market remained firm. BigMint recorded…