India: SAIL-ASP books 60 t of ferro molybdenum at reverse auction
SAIL-Alloy Steel Plant (ASP) had conducted a reverse auction for 60 t of ferro molybdenum (Mo: 60%, 10-50 mm) on 16 Dec'23. The entire material was booked at around INR 1,754,400/t FOR (excluding GST and GEM portal charges), sources informed. SteelMint's assessment of ferro molybdenum (Mo: 60%, 10-100 mm) prices stood at INR 2,140,000/t exw-Nagpur on 13 Dec'23.