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India: Ferro molybdenum prices dip w-o-w as global market weakens

Source: BigMint Mar 21, 2025 08:30

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Chinese mills bid lower amid weak steel tags. Indian stainless steel demand remains slow.

Indian ferro molybdenum prices edged down by INR 13,000/tonne (t) ($150/t) w-o-w in comparison to the previous assessment on 12 March. Prices fell in the global market, which impacted the Indian ferro molybdenum segment. Ferro molybdenum prices in India were at INR 2,595,000/t ($29,997/t) exw-India, as per BigMint's assessment on

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