Tag: India’s ferro molybdenum market
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India: Ferro molybdenum market sees price uptick amid limited raw material supply
Supply of molybdenum oxide remains tight LME prices experience w-o-w increase Price update Ferro molybdenum prices in India increased by INR 42,000/t ($504/t) w-o-w as of the previous assessment on 29 May. Limited availability of molybdenum oxide at higher prices, along with good demand, have supported domestic ferro molybdenum prices. According to BigMint’s assessment on…