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External intelligence
for the specialty
alloys industry.
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make better decisions by reducing information asymmetry.
Tungsten (WO₃)
APT, Europe
Strong buying interest from defense sector
DRC export concerns resurfacing
Molybdenum
Ferro-moly, 65%
Strong stainless demand
THIS WEEK'S INTELLIGENCE
What executives should know
POLICY ALERT
China extends tungsten export licensing requirements through Q3 2026
New licensing rules may create 4-6 week delays for non-Chinese buyers.
MARKET SIGNAL
Japanese specialty steel mills increasing cobalt inventory by 18-22%
Multiple sources report elevated purchases ahead of potential supply disruptions.
COMPETITOR MOVE
Special Metals announces new vacuum induction melting capacity in Huntington, WV
30% increase in high-temp alloy capability. Expected online Q4 2026.