SUBSCRIBER NOTE: Platts to discontinue weekly FOB China Tungsten prices

Following a period of industry feedback, Platts will discontinue publication of the weekly FOB China ferrotungsten price assessment (MMAHL00), and the weekly FOB China tungsten APT price assessment (MMAHF00), effective December 31, 2014. As Platts has reported, spot export activity for ferrotungsten has significantly fallen due to an export duty of 20%, and APT trade has been impacted as it is the main raw material for ferrotungsten production and also subject to an export tax. Chinese domestic production has also declined due to government regulations, which limited export licenses, export quotas, mining and exploration. Market participants have provided feedback that the China prices are no longer representative and do not serve a purpose as an industry reference. Any further questions or feedback should be directed to alvin.yee@platts.com and pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.