Tag: LME molybdenum

India: Major stainless steel coil maker raises SS 316 prices following ferro molybdenum rally

Jun 7, 2025

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by

Manya Dewangan

in CRC, Ferro Molybdenum, Nickel, Stainless Steel

Tight molybdenum supply, lifts SS 316 tags Price hike may not sustain amid weak demand India’s leading stainless steel coil manufacturers raised prices of 300-series products, effective 6 June 2025, driven by a sharp increase in ferro molybdenum (FeMo) prices. Prices of 316 grade hot-rolled coils (HRCs) and cold-rolled coils (CRCs) were increased by INR…