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    market news

    Iranian Ban on Moly Unlikely to Make Dent in Market

    Investing News Network
    Nov. 02, 2012 03:26AM PST
    Industrial Metals

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

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