Tungsten News

Tungsten News
Gap Exists Between APT Long-Term Procurement Price and Spot Price 49

Analysis of latest tungsten market from Chinatungsten Online The tungsten market offers appear somewhat chaotic, with a combination of industry supply-demand imbalance, geopolitical policy games among major powers, and global economic turbulence leading to a divergence in market sentiment between bullish and bearish outlooks. Traders are wavering between cautious stabilization and tentative price hikes, resulting in widening price spreads for tungsten products, an overall stalemate in transactions, and sluggish spot market circulation. The view that supply at the mining end…

Tungsten News
Molybdenum Market Update – April 7, 2025 66

Molybdenum market update on April 7, 2025 At the start of the week, China’s domestic molybdenum market maintained stable operations. With suppliers showing little inclination to lower prices and buyers adhering to rigid demand patterns, market trading activity remained subdued, and product prices exhibited no significant fluctuations. Today, prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate stabilized at approximately 3,400 CNY/ton-degree, 222,000 CNY/ton, and 219,000 CNY/ton, respectively. Recently, steel companies entering the market to tender for ferromolybdenum include Hengyang Valin…

Tungsten News
Rare Earth Market Update – April 7, 2025 128

Rare earth market update on April 7, 2025 At the beginning of the week, domestic rare earth market in China exhibited a mixed pattern of gains and losses. Specifically, neodymium oxide and dysprosium oxide prices rose by approximately 2,000 RBM and 20,000 RBM, respectively, while praseodymium-neodymium oxide and praseodymium-neodymium metal prices each dropped by about 1,000 CNY. On the supply side, rare earth manufacturers maintained normal production levels, but limited imports of rare earth ores from Myanmar constrained the growth…

Tungsten News
Tungsten Market Dynamics: Rising Prices, Tariff Wars, and Geopolitical Tensions 60

Analysis of latest tungsten market from Chinatungsten Online The tungsten market rose steadily on Monday, and the trading situation was still inactive. Traders paid attention to the new round of institutional and tungsten enterprise quotations. On Monday, the tungsten market experienced steady growth with some increases, but trading activity remained inactive. Traders are paying close attention to the new round of quotations from institutions and tungsten enterprises. The primary reason for the recent rise in tungsten prices is the support…

Tungsten News
What Is the Impact of Medium and Heavy Rare Earth Export Control on the Rare Earth Industry? 63

On April 4, 2025, China’s Ministry of Commerce, in collaboration with the General Administration of Customs, announced export control measures on seven categories of medium and heavy rare earth-related items—samarium (Sm), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu), scandium (Sc), and yttrium (Y)—effective immediately upon release. This policy is poised to have multifaceted impacts on the rare earth industry, influencing supply-demand dynamics, market prices, and the global industry landscape. I. Impact on Market Supply and Demand Overseas Supply Shortages…

Tungsten News
China Imposes 34% Tariffs on the United States, Which Will Affect the Molybdenum Industry 68

On April 4, 2025, the Customs Tariff Commission of the State Council of China announced that, effective from 12:01 on April 10, 2025, a 34% tariff will be imposed on all goods imported from the United States, in addition to the existing applicable tariff rates. Goods that departed their point of origin before 12:01 on April 10, 2025, and are imported between that time and 24:00 on May 13, 2025, will be exempt from this additional tariff. Given the limited…

Tungsten News
China Imposes 34% Tariffs on the United States, Which Will Affect the Tungsten Industry 78

On April 2, 2025, the U.S. government announced the imposition of “reciprocal tariffs” on goods exported from China to the United States. China’s official stance is that this move violates international trade rules, severely undermines China’s legitimate rights and interests, and constitutes a typical act of unilateral bullying. It not only harms U.S. interests but also threatens global economic development and the stability of industrial and supply chains. In response, pursuant to the Tariff Law of the People’s Republic of…

Tungsten News
China’s Survey on Imported Medical CT Bulb Tubes Will Affect Tungsten Materials Application? 78

On April 4, 2025, China’s Ministry of Commerce (MOFCOM) announced the initiation of an industrial competitiveness investigation into imported medical CT ball tube, alongside a separate anti-dumping investigation targeting specific imports from the United States and India. This dual approach reflects China’s strategic response to challenges faced by its domestic medical CT tube industry, which is still in a developmental phase and grappling with competitive pressures from imports. According to Xinhua News, the applicant—representing the domestic industry—provided preliminary evidence indicating…

Tungsten News
China Implements Export Control for Seven Categories of Medium and Heavy Rare Earth-Related Items 138

On April 4, 2025, the Ministry of Commerce, in collaboration with the General Administration of Customs of the People’s Republic of China, issued an announcement regarding the implementation of export control measures on seven categories of medium and heavy rare earth-related items, including samarium (Sm), gadolinium (Gd), terbium (Tb), dysprosium (Dy), lutetium (Lu), scandium (Sc), and yttrium (Y). These measures took effect immediately upon the announcement’s release. Below is a detailed breakdown of the controlled items as outlined in the…

Tungsten News
Tungsten Enables the “Cang Yuan Hao” TBM to Roll Off the Production Line Successfully 54

In the spring of Changshu, Jiangsu, a steel behemoth with a diameter of 16.07 meters—the “Cang Yuan Hao” tunnel boring machine (TBM)—slowly unveiled itself. This national treasure, entirely developed through independent research, is poised to inscribe a new legend along the banks of the Yangtze River. As eyes turn to this record-breaking engineering marvel, one must not overlook the “black gold” coursing through its veins—tungsten. This strategic metal interprets the warmth and resilience of Chinese manufacturing in a distinctive way.…

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