Tag: India ferro molybdenum prices
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India: Ferro molybdenum prices dip as stainless steel faces subdued demand
Production cuts reported in stainless steel sector Financial year end, falling Chinese offers keep Indian prices under pressure Indian ferro molybdenum prices fell by INR 41,000/t ($494/t) w-o-w as compared to the previous assessment on 13 March. Due to the conclusion of the financial year approaching and unfavorable sentiments in the stainless steel market, prices…