India: Ferro molybdenum prices inch down amid stable market conditions
Indian ferro molybdenum prices declined by INR 27,000/t to INR 2,510,000/t exw-India since the previous assessment on 18 Dec'24. Market activity remained stable, with approximately 36 t traded within INR 2,430,000-2,540,000/t exw. LME futures showed little movement w-o-w, indicating overall steadiness in the market.