Tag: India ferro molybdenum prices
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India: Ferro molybdenum prices fall marginally in recent trades, fall in LME futures
Panic sales to clear inventories keep Indian prices under pressure Chinese domestic prices remain stable w-o-w Indian ferro molybdenum prices witnessed a w-o-w decline of INR 34,000/tonne (t) ($409/t) as limited demand prompted some market participants to engage in panic sales, anticipating a similar situation in the days ahead.As of January 24, SteelMint’s assessment pegged…