On February 4, 2025, China's Ministry of Commerce and General Administration of Customs announced the implementation of export controls on tungsten, tellurium, bismuth, molybdenum, and indium under the "Export Control Law," "Foreign Trade Law," "Customs Law," and "Regulations on the Administration of Export Control of Dual-Use Items." One month after the immediate enforcement of these regulations, their impact remains significant. This article focuses on tungsten market insights based on interviews with rare metal recyclers.
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