China’s Moly, Tungsten Industries to See Less Growth

Metal Bulletin reported that an industry official believes China’s molybdenum and tungsten industries have begun a period of decreased growth. He described the slowdown as the “new norm.”

As quoted in the market news:

Slowdown in both production and consumption for both metals will be common in the 12th five year period of 2011-2015, Hu Deyong, director of CNIA’s rare metal division, said at this week’s China Tungsten and Molybdenum Development Forum in Hangzhou.

Click here to read the full Metal Bulletin report.