Tungsten export tariff elimination, resource tax reform

Tungsten cancel export tariffs next month, the resource tax reform, tax reform policies in this series a little support to the tungsten market, but the actual demand is still not optimistic, the recent tungsten price remains stable and slightly weaker, but the decline narrowed.

Macro level, local government debt 2 trillion gap, the Ministry of Finance to finalize the tax reform timetable requirements; a rare quarter crude steel production fell, the steel industry-wide losses; US economic growth stalled in the first quarter only increased slightly by 0.2%.


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