Molybdenum News Center

Eurasian Economic Commission reduces the import duty of molyoxide

Interfax, 18th December from Moscow : Trade Minister of Eurasian Economic Community said Eurasian Economic Commission passed a resolution reducing the molyoxide and the hydroxides' import tariffs from 5% to zero . This measure makes ferro-molybdenum plant to reduce the import of products containing of molybdenum raw material costs, at the same time, improves the competitiveness of molybdenum alloy products, and increases the quality of the field of high technology products.

The resolution will come into force in 30 calendar days since it was announced. Earlier there was news that the Eurasian Economic Commission  would also reduce the import duty of the molybdenum ore and washed ore from 5% to zero.

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