Molybdenum Market Update - February 7, 2025

molybdenum sheets image

The domestic molybdenum market remains stable, with a balanced supply-demand relationship and limited policy impact. As a result, traders are adopting a cautious wait-and-see approach, leading to low market activity and slow order growth.

Read more: Molybdenum Market Update - February 7, 2025

Tungsten Prices Remained Stable on the First Trading Day after the Chinese New Year

tungsten alloy rods image

Analysis of latest tungsten market from Chinatungsten Online

On the first trading day after the Chinese New Year, tungsten prices remained stable. 

Read more: Tungsten Prices Remained Stable on the First Trading Day after the Chinese New Year

MOFCOM Spokesperson Answers Questions from Reporters on Export Controls Imposed on Tungsten and Related Items

MOFCOM Spokesperson Answers Questions from Reporters on Export Controls Imposed on Tungsten and Related Items

MOFCOM Spokesperson Answers Questions from Reporters on Export Controls Imposed on Tungsten and Related Items

Q: On February 4th, the Ministry of Commerce (MOFCOM) and the General Administration of Customs jointly issued an announcement on export controls for tungsten and related items. What considerations did China take into account when formulating this export control policy?

Read more: MOFCOM Spokesperson Answers Questions from Reporters on Export Controls Imposed on Tungsten and...

India Scraps Customs Duties on Scrap of Tungsten & Other Critical Minerals

tungsten scrap picture

According to Reuters, India's Finance Minister Nirmala Sitharaman stated during her annual budget speech on February 1st that India has scrapped customs duties on waste and scrap from a dozen critical minerals, including those of antimony, cobalt, tungsten, copper, lead, zinc, as well as waste and scrap of lithium-ion battery.

Read more: India Scraps Customs Duties on Scrap of Tungsten & Other Critical Minerals

The Tungsten Market in January 2025 Showed Steady Trend

tungsten plate image

Analysis of latest tungsten market from Chinatungsten Online

The tungsten market in January 2025 showed steady trend, mainly due to the approaching Chinese New Year, with more companies planning maintenance and holidays. 

Read more: The Tungsten Market in January 2025 Showed Steady Trend

 

WeChat