Economic TimesLean R·
China's tungsten export ban hits defence
Paris: Prices for tungsten, an ultra-hard metal that is key for the defence industry, have soared to record highs since China restricted exports in mid-2025.The restrictions by the world's top producer of the metal have become a major cause for concern among manufacturers now forced to diversify their supply sources.The Chicago Mercantile Exchange (CME Group), one of the world's leading derivatives exchanges, said Monday it will launch a dedicated futures market to meet growing demand for the m…
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