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Molybdenum Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Molybdenum Price Per Tonne — The Scale Steel Mills Use
One tonne of molybdenum, scaled from today's per-gram rate of ₹7.77, comes to ₹7,772,683.00 on November 2, 2026. Steel mills buying molybdenum for alloying, and the LME market pricing it, both operate at genuinely large bulk scale, not gram or kilogram lots.
- 1 kilogram: ₹7,772.68
- 1 tonne: ₹7,772,683.00
Molybdenum Reference Rate by Weight
Today's Molybdenum rate is Eight Rupees per gram. At this rate, 10 grams of Molybdenum costs Seventy Eight Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹7.77 | Eight Rupees |
| 8 Grams | 8.0000 g | ₹62.18 | Sixty Two Rupees |
| 10 Grams | 10.0000 g | ₹77.73 | Seventy Eight Rupees |
| 100 Grams | 100.0000 g | ₹777.27 | Seven Hundred and Seventy Seven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹7,772.68 | Seven Thousand Seven Hundred and Seventy Three Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹220.35 | Two Hundred and Twenty Rupees |
| 1 Troy Ounce | 31.1035 g | ₹241.76 | Two Hundred and Forty Two Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹7,772,683.00 | Seventy Seven Lakh Seventy Two Thousand Six Hundred and Eighty Three Rupees |
Pure Metal vs the Product Mills Actually Buy
Steel mills rarely buy pure molybdenum metal directly — they buy ferromolybdenum, an iron-molybdenum alloy that's easier to add directly into a steelmaking furnace than pure molybdenum would be. Ferromolybdenum's price reflects its molybdenum content plus the processing that goes into making it, so it trades as its own distinct product rather than a simple multiple of this page's metal reference.
Why the international convention often quotes per pound
Molybdenum has historically been quoted internationally in US dollars per pound, a convention that's stuck even as many other metals moved toward per-tonne or per-kilogram quoting. This site's per-gram base can be scaled to whichever unit makes sense for a given comparison.
| Form | Typical Buyer |
|---|---|
| Pure molybdenum metal | Specialty alloy and high-tech applications |
| Ferromolybdenum | Steel mills adding molybdenum during smelting |
Molybdenum Reference Rate — Last 10 Days
The most recent Molybdenum price on record (2026-11-02) is Eight Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-02 | ₹7.77 | 0.00 |
| 2026-11-01 | ₹7.77 | 0.00 |
| 2026-10-31 | ₹7.77 | +0.00 |
| 2026-10-30 | ₹7.77 | 0.00 |
| 2026-10-29 | ₹7.78 | -0.01 |
| 2026-10-28 | ₹7.78 | +0.02 |
| 2026-10-27 | ₹7.77 | -0.05 |
| 2026-10-26 | ₹7.81 | -0.02 |
| 2026-10-25 | ₹7.83 | -0.01 |
| 2026-10-24 | ₹7.84 | — |
What Moves This Tonne-Scale Figure
Because most global molybdenum comes as a byproduct of copper mining, particularly in Chile, shifts in copper-mining output driven purely by copper economics can ripple into molybdenum supply regardless of molybdenum's own demand. On the demand side, stainless and alloy steel production — for pipelines, aerospace, and countless other high-strength applications — sets the pace.
The comparison table and 10-day history above track how this reference rate has moved. For a longer view, the site's own molybdenum price history page holds real recorded data by year and month.
Molybdenum Price Per Tonne — FAQs
Scaled from today's per-gram figure of ₹7.77, one tonne of molybdenum works out to ₹7,772,683.00 on November 2, 2026. Real molybdenum deals, especially the ferromolybdenum form steel mills actually buy, move at genuinely large bulk scale.
The US dollar-per-pound convention has historical roots in how molybdenum has traditionally been quoted internationally, particularly on the LME. This site's INR reference converts from a per-gram base, which can be scaled to whichever unit a reader needs for comparison.
This page tracks the molybdenum metal reference. Ferromolybdenum, an iron-molybdenum alloy that's actually how most molybdenum gets delivered to steel mills, is priced and traded as its own distinct product, reflecting its molybdenum content plus processing.
Since most global molybdenum comes as a byproduct of copper mining, shifts in copper-mining output — even changes driven purely by copper economics — can affect molybdenum supply. Steel industry demand, particularly for stainless and high-strength alloy grades, drives the demand side.
It tracks the same underlying global market, though this site's INR-converted, per-gram-based figure and the LME's own dollar quote won't match exactly, due to currency conversion, timing and methodology differences between reference sources.
