China export restrictions create artificial shortages

President Trump's recent comments regarding increased tariffs on China are unlikely to ease global market tensions. In fact, they may further drive-up prices for critical minor elements such as Hafnium, Tungsten, and Tantalum.

Fortunately, Ross & Catherall maintain a secure supply chain for all essential elements, and current tariff measures will not affect trade between the UK and China. However, it's important to recognise that suppliers may seize this moment to raise prices, especially as inventories tighten and availability slows.

If you haven’t yet secured your alloy requirements for 2026 - particularly those containing Hafnium (Hf) - we strongly recommend issuing your RFQs now. With tariff pressures mounting, prices are expected to rise steadily.

As highlighted in our October newsletter, demand is already climbing for 2026. This will inevitably increase reliance on key elements sourced from the world’s largest processor. The pressing question remains: will China further restrict global access by limiting export volumes?

While these developments are beyond our control, early action is not. Securing your alloy needs now is the most effective way to mitigate supply risks in 2026 - this is where you, the customer, can take control.