Tag: Indian ferro molybdenum market trends
-

India: Ferro molybdenum prices strengthen on global cues, strong end-user demand
Prices rise in China; US and Europe remain stable LME futures edge up by $0.32/lb w-o-w Indian ferro molybdenum prices rose by INR 63,000/t ($201/t) w-o-w to INR 2,725,000/t ($30,331/t) ex-works as of 31 December, according to BigMint’s assessment. The increase was driven by strong domestic and global demand, along with higher LME molybdenum futures.…