Iranian Ban on Moly Unlikely to Make Dent in Market

Platts reported that, although Iran has placed a ban on molybdenum concentrate exports, it is unlikely that it will impact on the global market.

As quoted in the market report:

The Iranian government Tuesday banned the export of molybdenum concentrate as one of 50 aluminum, petrochemical and other products in a move to “support national production,” the Islamic Republic News Agency reported, quoting the country’s Consumer and Producers Protecting Agency.

To view the whole Platts report, click here.