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The Underlying Molybdenum Benchmark — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Two Products, One Underlying Metal
Search "ferromolybdenum price" and you're usually after one of two things. Either you want today's molybdenum benchmark — ₹8.10 per gram as of September 17, 2026, tracked live on this page — or you're trying to understand why the ferroalloy form doesn't price the same as pure molybdenum metal. Both questions are worth answering properly, because conflating the two is where most confusion about "molybdenum alloy price" actually starts.
Ferromolybdenum is a real, standard alloy — iron combined with molybdenum — and it's genuinely the form steelmakers buy. Pure molybdenum metal, sold as oxide or refined ingot, exists too, but it serves a narrower set of buyers outside routine steel production. Confusing the two product forms is the single most common mistake in reading a molybdenum-related price quote.
- Molybdenum benchmark, per gram: ₹8.10
- Per 10 grams: ₹81.03
- Per 100 grams: ₹810.27
- Kilogram equivalent: ₹8,102.69
Molybdenum Benchmark, by Weight
Today's Molybdenum rate is Eight Rupees per gram. At this rate, 10 grams of Molybdenum costs Eighty One Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹8.10 | Eight Rupees |
| 8 Grams | 8.0000 g | ₹64.82 | Sixty Five Rupees |
| 10 Grams | 10.0000 g | ₹81.03 | Eighty One Rupees |
| 100 Grams | 100.0000 g | ₹810.27 | Eight Hundred and Ten Rupees |
| 1 Kilogram | 1,000.0000 g | ₹8,102.69 | Eight Thousand One Hundred and Three Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹229.71 | Two Hundred and Thirty Rupees |
| 1 Troy Ounce | 31.1035 g | ₹252.02 | Two Hundred and Fifty Two Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹8,102,687.00 | Eighty One Lakh Two Thousand Six Hundred and Eighty Seven Rupees |
Why the Industry Buys the Alloy, Not the Pure Metal
Molybdenum has one of the highest melting points among industrial metals, and that single fact does a lot of work in explaining why steel mills don't handle it directly. Feeding pure molybdenum metal into a furnace is impractical at scale. Ferromolybdenum sidesteps the problem entirely — being iron-based, it melts and integrates into the steel bath far more efficiently, which is exactly why it became the standard route rather than a workaround someone settled for.
What's inside a typical ferromolybdenum shipment
Commercial ferromolybdenum carries a defined minimum molybdenum content rather than a single fixed number. Industry references commonly cite a range of roughly 60 to 75 percent molybdenum by weight, with the remainder mostly iron — enough molybdenum to make the alloy the efficient delivery method it's used for, without the handling problems of the pure metal. Two shipments quoted at the same price per kilogram of alloy don't necessarily deliver the same amount of molybdenum; the actual content within that range matters to a buyer doing the math.
From Mine Output to Furnace: the Product-Form Chain
| Form | What it is | Typical buyer |
|---|---|---|
| Molybdenum oxide / concentrate | Mined and roasted molybdenum, an early-stage intermediate | Roasters and alloy converters |
| Molybdenum ingot | Refined, essentially pure molybdenum metal | Specialty metallurgical and chemical users |
| Ferromolybdenum (FeMo) | Iron-molybdenum alloy, roughly 60–75% molybdenum content | Steel mills, added directly to the furnace |
| Molybdenum-alloyed steel | Finished steel with molybdenum melted in via FeMo | Pipeline, marine and industrial equipment buyers |
Molybdenum Price — Last 10 Days
The most recent Molybdenum price on record (2026-09-17) is Eight Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹8.09.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹8.10 | +0.02 |
| 2026-09-16 | ₹8.09 | +0.04 |
| 2026-09-15 | ₹8.04 | +0.01 |
| 2026-09-14 | ₹8.03 | +0.01 |
| 2026-09-13 | ₹8.02 | +0.00 |
| 2026-09-12 | ₹8.02 | +0.00 |
| 2026-09-11 | ₹8.02 | 0.00 |
| 2026-09-10 | ₹8.02 | +0.04 |
| 2026-09-09 | ₹7.98 | +0.03 |
| 2026-09-08 | ₹7.95 | — |
Reading a Ferromolybdenum Quote Without Assuming a Fixed Discount
Ferromolybdenum typically prices off the underlying molybdenum content plus a conversion premium — the cost of mining, roasting and alloying feed into a usable ferroalloy. That premium isn't a fixed percentage published anywhere reliable, and any source quoting one flat number for every deal should be treated with some skepticism. It moves with alloy production capacity, energy costs at the smelter, and how much competition exists among converters at any given time.
"Molybdenum scrap price" sits at yet another point on this same chain. It refers to recovered or off-spec molybdenum-bearing material rather than fresh mined feed, and it prices at a discount to the refined benchmark for a familiar reason: someone still has to collect it, verify its actual molybdenum content, and reprocess it before a mill will treat it as reliable input. That discount, like the ferroalloy conversion premium, isn't a number worth inventing here — it varies by material condition and by buyer.
For the demand side of this same story — which steel grades actually justify paying for ferromolybdenum in the first place — the site's molybdenum in stainless and alloy steel page covers the corrosion-resistance and heat-strength reasons a mill specifies it. And for the mining and byproduct sources that feed this entire chain from the ground up, where does molybdenum come from has the fuller picture.
Ferromolybdenum Pricing — FAQs
It's a standard iron-molybdenum alloy — commonly abbreviated FeMo — and it's the practical, ready-to-use form in which molybdenum is actually added to a steel melt. Commercial ferromolybdenum carries a defined minimum molybdenum content, with industry references commonly citing a range of roughly 60 to 75 percent molybdenum by weight, the remainder mostly iron.
Pure molybdenum has one of the highest melting points among industrial metals, which makes it awkward to introduce directly into a steel furnace. Ferromolybdenum, being iron-based, melts and integrates into the steel melt far more efficiently, which is exactly why it became the industry-standard route rather than a workaround.
No, though the two are closely linked. Ferromolybdenum's value is anchored to the molybdenum content inside it, so it moves broadly in step with the underlying molybdenum benchmark this page tracks. On top of that content value, ferromolybdenum typically prices in a conversion premium — the cost of turning raw molybdenum feed into a usable ferroalloy — so the two figures are related, not identical.
Molybdenum ingot is a refined, essentially pure molybdenum metal product, used in specific metallurgical and chemical applications outside plain steel alloying. Ferromolybdenum is the iron-alloy form steelmakers actually buy for furnace addition. They're different products serving different buyers, priced differently even though both ultimately trace back to the same underlying molybdenum value.
It refers to recovered or secondary molybdenum-bearing material — off-spec alloy, process residues, and similar reclaimed feed — rather than freshly mined and processed molybdenum. That material typically prices at a discount to the refined benchmark, since it still needs reprocessing and assay verification before a mill can treat it as reliable feed. There's no fixed, universal discount figure worth quoting; it depends on the material's condition and the buyer doing the reprocessing.
Broadly, yes — direction-wise they track closely, since ferromolybdenum's underlying value comes from its molybdenum content. Short-term gaps do show up, though, driven by alloy production capacity, conversion costs, and regional demand for the finished ferroalloy rather than the metal itself.
