Roskill Information Services reported its “Tungsten: Market Outlook to 2016” today.
Roskill Information Services reported its “Tungsten: Market Outlook to 2016″ today.
As quoted in the press release:
The tungsten market in the 1990s was characterised by oversupply from China and low prices, which meant that most western producers ceased production, as prices were well below costs of production. However, in 2000, the Chinese government began the process of controlling its tungsten industry through the imposition of production and export quotas, and the removal of export rebates on tungsten products.