On April 2, the White House announced that the United States has entered a state of national emergency and imposed a 10% "reciprocal tariff" on all trading partners. At the same time, it released an exemption list, excluding copper, pharmaceuticals, semiconductors, wood products, certain critical minerals, and energy and energy products from the new tariffs.

Molybdenum market update on April 9, 2025

The domestic molybdenum market in China is performing moderately overall. Amid numerous uncertainties, intense price negotiations between buyers and sellers have made it difficult to update product prices and have limited transaction volumes. Currently, industry participants are closely monitoring the shipment dynamics of molybdenum mining companies, the performance of steel procurement volumes and prices, and the impact of the escalating China-US trade war on the molybdenum market.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices are temporarily stable. Under the interweaving of macro-volatile environment and market supply and demand, traders remain cautious and wait-and-see.

Analysis of latest tungsten market from Chinatungsten Online 

Tungsten prices remain strong, with the main driving force coming from the support of the supply side. The quotations of major producing institutions and several large tungsten companies increased significantly during the week, further stimulating the market sentiment of tungsten raw material holders.