Mining
China export restrictions propel tungsten at its highest level since 2013.
The price of tungsten in Europe has risen to its highest level in over a decade this month, as traders scrambled to find supplies after China reduced export quotas and imposed restrictions on the metal, which is used in aerospace and electronic applications, military and other. In February, China implemented export controls on tungsten and other metals such as tellurium, bismuth, molybdenum and indium in response to U.S. Tariffs. According to traders, prices of APT, which is used to produce tungsten metal, have risen to $400 per metric tonne unit (mtu), the highest level since late 2013. Prices have risen...