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Molybdenum Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
The Short Answer: Steel, Almost Entirely
Molybdenum, priced at ₹8.10 per gram today, September 17, 2026, is a hard, silvery-grey metal with one of the highest melting points among industrial metals. Its dominant real-world job is as an alloying agent in steel, particularly high-strength and stainless steels, where it does something ordinary carbon steel can't: it significantly improves strength, hardness, and resistance to corrosion and heat.
That combination of properties is exactly why molybdenum-alloyed steel turns up in pipelines, industrial machinery, and specialty steel products — anywhere a material has to hold its integrity under stress, heat, or a corrosive environment for a long service life.
- Current rate: ₹8.10 per gram
- Kilogram equivalent: ₹8,102.69
Molybdenum Reference Value, 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 |
How Molybdenum Actually Gets Into a Piece of Steel
Steelmakers rarely add pure molybdenum metal directly into a melt. Instead, they use ferromolybdenum — a standard iron-molybdenum alloy that's the practical, industry-normal way to introduce molybdenum into steel production. It integrates efficiently into the steelmaking process and delivers the molybdenum content the final product needs.
Why pipelines are such a natural fit
A pipeline often runs for decades, carrying contents that can be corrosive, under real pressure, sometimes across harsh terrain or climate. A steel that resists corrosion and keeps its strength under heat isn't a luxury there — it's the baseline requirement for the pipe not to fail. That's precisely the improvement molybdenum alloying delivers, which is why it's such a consistent presence in pipeline-grade steel specifications and in the broader category of specialty steel products built for demanding service conditions.
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 | — |
Why This Single Use Case Dominates the Whole Market
Unlike a metal with several roughly equal-sized end markets, molybdenum's story is unusually concentrated. Steel alloying is so dominant that most of what happens to the molybdenum price traces back, one way or another, to what's happening in global steel production — how much of it, what grades, and how much of that steel calls for molybdenum specifically.
That concentration cuts both ways. It makes molybdenum demand relatively easy to understand compared with a metal split across many different industries, but it also means molybdenum has less of a demand cushion if steel production softens broadly. There's no second major end use standing by to pick up the slack the way there sometimes is for more diversified industrial metals.
What Is Molybdenum Used For — FAQs
Its dominant use is as an alloying agent in steel, particularly high-strength and stainless steels. Adding molybdenum significantly improves a steel's strength, hardness, and its resistance to corrosion and heat, which is why it shows up in demanding applications like pipelines, industrial machinery, and specialty steel products.
Molybdenum is one of the key alloying elements metallurgists reach for when a stainless steel needs to hold up in harsher environments than a basic grade can handle — chemical processing, marine settings, and other applications where ordinary stainless steel would corrode too quickly.
Steel alloying is by far its dominant use. Other applications exist in the broader chemicals and specialty-materials space, but none approach the scale of the steel industry's demand for it.
Ferromolybdenum is a standard iron-molybdenum alloy — the practical, ready-to-use form in which molybdenum is actually added to a steel melt. Rather than adding pure molybdenum metal, steelmakers typically use ferromolybdenum because it integrates more efficiently into the steelmaking process.
Pipelines often carry corrosive contents under demanding pressure and temperature conditions over long distances, sometimes for decades. A steel that resists corrosion and holds its strength under heat is a practical necessity there, which is exactly what molybdenum alloying is designed to deliver.
