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.

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.

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.

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.

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.

Molybdenum market update on April 3, 2025

This week, the overall trend of domestic molybdenum prices showed no significant fluctuations. Influenced by numerous uncertainties, intense price negotiations between supply and demand sides have resulted in low market trading activity and limited actual transaction volumes.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices showed a steady upward trend this week. 

Molybdenum market update on April 2, 2025

The domestic molybdenum market as a whole maintains stable operation. With the relatively balanced supply and demand relationship and the absence of major positive news released in the market, most traders conduct rigid transactions. As a result, product prices fluctuate within a narrow range, and the growth rate of orders is also relatively gentle.

Analysis of latest tungsten market from Chinatungsten Online 

On April 2, 2025, the price trend of tungsten showed a steady trend. The tightening of the supply side was the main driving factor. The demand side was still not ideal, and the market trading activity was limited.

I. Analysis of China’s Molybdenum Price Trends in March 2025

According to China Tungsten Online, the price trend of molybdenum products in China during March 2025 exhibited a pattern of initial decline followed by a rebound.