Tungsten market: Today tungsten rich city of sentiment, spot transactions in more stalemate, although there are inquiries, but almost no turnover, tungsten, iron downstream demand continues to weaken, the market rarely inquiry, the situation is not optimistic, more difficult than the last month , but tomorrow guided forthcoming, many businesses wait wait guided introduction of more specific operations temporarily tungsten price stability maintenance operation.

Ferrotungsten domestic downstream demand continues to weaken, the market rarely inquiry, the situation is not optimistic, more difficult than the last month, manufacturers started the situation remains low, and with the new year approaching, the operating rate, or more atrophy. However, very price conscious of manufacturers, smelters home outside offer basically unchanged from the end of November, there is no lower offer, and many manufacturers have not yet reached a deal this month.

Currently 70 ferrotungsten acceptance quoted in 160,000 yuan / ton, the cash price has fallen below the 160,000 mark. Analysis is expected with the introduction of guided and guided prices continued to fall in the tone has been determined, ferrotungsten offer difficult to stop the decline, the late mainstream offer or will fall below 160,000 yuan / ton mark.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten carbide has changed its name to Element Six Hard Materials. Having joined Element Six in late 2007, it now represents a major business area for the company as a whole. The name change reflects Element Six's ambitions to build on its leadership in the materials technology sector, particularly in the field of supermaterials such as tungsten carbide, synthetic diamond and cubic boron nitride. Karl-Georg Hildebrand, as executive director, is leading this business area as it makes its transition to a full part of the Element Six group. "

As Hard Materials we have a strong position in the mining and construction markets with products based mainly on tungsten carbide," notes Karl-Georg Hildebrand. "Being a part of Element Six means that we can benefit from the synergies of the company as a whole. For our customers this means that we can combine our strengths and technology with expertise from other business areas. This makes us a powerful force in the materials technology sector." This is a very exciting period in the materials business as rapid developments in technology are creating new market opportunities.



To benefit from these developments, Element Six has created a new company structure and organisation that will help the company build on its current success and to seek out new markets and opportunities. The new organisation recognises the fact that Element Six has particular leadership in different markets and needs to have a group structure that can support these markets more effectively. It also reflects the fact that Element Six lives in a highly competitive and rapidly changing world where success relies on being adaptable and responsive to its customers. Element Six Hard Materials is one of four business areas that comprise Element Six; the others are E6 Advanced Materials, E6 Oil & Gas, E6 Technologies. In addition, Element Six is operating a separate venture fund activity, E6 Ventures.

Today Minmetals and Ganzhou Tungsten Association December guided forthcoming, combined merchant capital flows nervous today tungsten rich city of sentiment, spot transactions in more stalemate, although there are inquiries, but almost no turnover. Despite weak tungsten offer temporary maintenance of stability, but the market is generally bearish outlook, the latter is still hard to stop the decline in the price of tungsten.

It is understood that there are a small number of inquiries on the market, but the purchaser continues down a tentative inquiry, 55-60 degrees scheelite has 7.8-8 yuan / ton in the inquiry, and there is still depressed trend, yet the transaction.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn