CHINA FACES WTO ACTION OVER TUNGSTEN AND MOLYBDENUM EXPORT RESTRICTIONS
March 1st, 2012
BY KEITH NUTHALL
CHINA is again facing another disputes proceeding at the World Trade Organisation (WTO) over its export restrictions on non-ferrous metals - this time on molybdenum and tungsten. The United States, Japan and the European Union (EU) today announced they had formally requested consultations with Beijing over its trade controls on these important metals. But restricting their availability on world markets and maximising supplies in China, the US, EU and Japan argue that the Chinese government is artificially lowering their prices on the domestic ...
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