Tag: Indian ferro molybdenum prices decline over the week

Prices ease across key global markets LME futures tick down by $0.9/lb w-o-w Indian ferro molybdenum prices declined over the week by INR 100,000/t ($1,134/t) compared to the previous assessment on 24 October. The drop was mainly driven by weak demand and sluggish consumption in the stainless-steel sector. According to BigMint’s assessment on 29 October,…