Tag: Indian ferro molybdenum market update
-

India: Ferro molybdenum prices edge up on uptick in stainless steel demand
Prices remain firm across global regions LME futures tick down by $0.14/lb w-o-w Indian ferro molybdenum prices remained largely stable, edging up by INR 18,000/t ($201/t) w-o-w to INR 2,662,000/t ($29,685/t) exw as of 24 December, according to BigMint’s assessment. Firm offers from sellers and a mild pickup in stainless steel demand lent support to…