Because eleven holiday impact Minmetals and guided ITIA are delayed announcement led to wait and see mood strong tungsten City, merchants offer and procurement are not active. Expected or will be gradually introduced next two days, and the pricing of risk still dropping in October. It is understood that, today, the latest hair ore prices slightly lower compared to before the holiday, 60-grade scheelite prices have fallen near 1.3 yuan / kWh.

Today is the first day after a small holiday, tungsten market as a whole with little turnover, the market demand continues to slump, APT, tungsten powder manufacturers lack of confidence, not very actively offer this week, the price of tungsten or weak stability maintenance.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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September 29 afternoon, the city government held part of the key enterprises of rare earth tungsten forum, Mayor cold freshmen attended the meeting. He stressed that all localities and departments should focus on rare earth tungsten industry strive main business income of over one hundred billion yuan this goal, enhance service awareness, innovative services, and guide enterprises to cultivate their ability to innovate, transform and upgrade traditional technologies, thus promoting the city's rare earths upgrading and transformation of tungsten industry. City leaders Guang-Hua Zhou, Liu Jianping attended the meeting.

Cold freshmen said that the current development of the city's rare earth tungsten industry entered a critical period, governments at all levels should take the initiative as an increase of rare earth tungsten helping enterprises, research and develop new policies to promote enterprise development and growth, a new approach to effectively solve business problems and difficulties in the production development. I hope the city's rare earth tungsten enterprises to seize the favorable opportunity for industrial restructuring, accelerate technological innovation, extend the industrial chain, to achieve low-cost expansion, as soon as the business bigger and stronger.

Cold newborn stressed that all relevant departments and units in the hold of the bottom line of environmental protection, we should vigorously the introduction of talent, the introduction of incentives, an incentive mechanism to effectively crack the corporate financing difficulties, expansion difficult, industrial restructuring and a series of difficult problems, effectively address the constraints of the city's rare earth tungsten industrial development bottlenecks.

At the forum, the city of Industry and Information Committee reported on the current head of the city's industrial development of rare earth tungsten, tungsten portion of the rare earth business representatives focused on their own development were carried out the report, the relevant counties (cities, districts), and directly under the relevant units to strengthen service, the implementation of the policy statement was made.

It is understood that this year, January to August, the city's rare earth industry realized main business income of 27.559 billion yuan, up 19.15 percent; tungsten industry realized main business income of 22.931 billion yuan, an increase of 10.5%.


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

October ore prices may fall or still, scrap market hardly immune to recommend low-cost goods and more businesses may be appropriate to take the goods. Waste tungsten material prices remain steady mainstream. W tungsten content of the waste material purchase price grinding 30-40 degrees concentrated in 1.4-1.45 yuan / kWh, 50-70 degrees concentrated in the 1.5-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.7 yuan / kWh. Some businesses offer a high degree of material is still slightly higher than 0.03 yuan / kWh. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 185-188 yuan / kg, domestic waste tungsten blade 164-167 yuan / kg, imported scrap tungsten blade 176-178 yuan / kg, down 1-2 yuan; waste wire drawing dies remained at 179-180 yuan / kg. In the overall weak market dragged down high tungsten steel scrap in Hebei offer further lowered price continues to move closer to the lower price. Expected the recent weak market stability.

Overseas tungsten market continues to fall. 3 evening MB Rotterdam ferrotungsten offer $ 39.35-40.5 / kg tungsten, down about $ 0.6. Paratungstate Europe offer 340-360 U.S. dollars / ton degrees, low, dropping $ 5. Hong Kong offer remains at $ 355-370 / t degrees. Renewed weakening overseas demand, the market mentality malaise, trading atmosphere cooling, expected short-term overseas tungsten City difficult to improve.


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 market: the National Day holiday approaching, some businesses have returned, market transactions decreased motivation, quote adjustment underpowered. Tungsten steel scrap market transactions deserted, due to low prices more resources, the overall market remained weak. Minmetals and other institutions in turn guided announced in October, the current stock market is still at a high tungsten concentrate, while the downstream demand is stagnant oversupply obvious short-term market is expected to stabilize the main.