Tag: Indian ferro molybdenum market update
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India: Ferro molybdenum prices hit 2-months high on strong demand
Prices rise across China, US, and Europe LME futures inch up by $0.93/lb w-o-w Indian ferro molybdenum prices rose by INR 165,000/t ($1,834/t), about 6%, w-o-w to INR 2,890,000/t ($32,126/t) exw as of 7 January, according to BigMint’s assessment. The prices are hovering at two-month high as such levels were seen in early Nov’25. The…