Tungsten market continues to be light, not much change in transaction price

Tungsten market : mainstream market continued to light , and the transaction price not much change due to mines and cargo operators reluctant to sell sentiment strong, ore, tungsten concentrate purchases more difficult, prompting two days of tungsten concentrates offer a slight uplift. Ferrotungsten market continued deserted, poor turnover , factory orders rarely , businesses and more caution , quotation and inquiry have not changed much . Tungsten scrap market continues to maintain a stable situation , where the height of the tungsten scrap material resources tight , the price is relatively strong, scrap tungsten steel business mentality calm, the price adjustment will is not strong , steady watching the majority. Expected short-term maintenance of stability of tungsten ore market or continue to run .

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Ferrotungsten market continued deserted late is still expected to remain firm

Ferrotungsten market continued deserted, poor turnover , factory orders rarely , businesses and more caution , quotation and inquiry have not changed much . Although domestic demand is expected no significant improvement , but the tungsten iron prices will remain relatively strong in the short term , mainly because : a factory and offer relatively strong support by the cost ; two upcoming summer break in July overseas , foreign customers or advance purchase .

This week ferrotungsten mainstream manufacturers offer little change in the degree of acceptance 70 Quotes concentrated in 180,000 yuan / ton, the actual transaction involving payment volume and price is slightly different. It is understood that there are businesses on the 177,000 yuan this week / ton batch of 70 traded tungsten iron.


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
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Tungsten mainstream waste continues steady, the price is relatively strong

Tungsten mine began sellers, tungsten concentrate prices becoming strong, but short-term temporary hard up . Tungsten scrap market continues to maintain a stable situation , where the height of the tungsten scrap material resources tight , the price is relatively strong, scrap tungsten steel business mentality calm, the price adjustment will is not strong , steady watching the majority. Tungsten scrap market is expected to more than short-term steady trend will continue .

Tungsten scrap prices continue to hold steady . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 185-188 yuan / kg, imported scrap tungsten blade 176-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 178-181 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh ; 50%


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
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May 23, 2014 Tungsten Market early assessment

Due to the recent mining and cargo operators reluctant to sell , resulting in the procurement of tungsten ore and concentrate more difficult , prompting a slight elevation signs of market quotations for two days , but the actual transaction is still light , and traded little changed , short- ore prices are expected to temporarily difficult rise, mainstream or remain steady on the sidelines.

Macro level, the central parity of RMB lowest walked eight months this year, the cumulative depreciation of 11.94% ; Commerce Department : Infrastructure to China - a new highlight cooperation in Central and Eastern Europe ; UK first quarter GDP growth of 0.8%.


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
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May 22, 2014 tungsten reference price of all varieties

May 22, 2014 tungsten reference price of all varieties :

Variety name Price Unit
APT 16.4-16.7 Yuan / ton
Ferrotungsten 17.5-17.9 Yuan / ton
Sodium tungstate 13.2-13.5 Yuan / ton
Tungsten 460-480 Yuan / kg
Electrode polished rod 510-520 Yuan / kg
Native tungsten carbide powder 258-263 Yuan / kg



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
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Tungsten ore raw material procurement difficulties inquiry and quotation are slightly higher

Recently, tungsten mainstream market running smoothly , the market sentiment continues to loom , tungsten business caution , especially in the middle of tungsten products manufacturers , especially in difficult circumstances , tungsten powder price a little bit weaker .

Raw tungsten concentrate market two days the market inquiry and quotation are relatively slight rise last week , is expected in the short term or tungsten concentrate market is expected to remain relatively strong running smoothly. Main reasons: on the one hand , most of the mines are temporarily outside or only a small supply of ore supply to existing customers, raw material procurement difficulties , resulting in tungsten concentrate smelter home trying to raise external offer , due to continued weakness in demand , the mainstream transaction prices almost unchanged ; the other hand , the downstream tungsten smelting enterprises to increase tungsten concentrate inquiry , smelters home and hold stocks continued to wait reluctant sellers , buyers had to slightly raise the inquiry , the current inquiry are 10.5-10.9 yuan / ton specific decision based on the length of time of payment .


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
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Zhuzhou Cemented Carbide And Other Areas of The City,"Hunan Province Internationally Renowned Brand" of 21

 
 

19, 2009, from the Municipal Bureau of Commerce, 2014 annual "Hunan Province internationally renowned brands," declare the work has already started. With immediate effect, who meet the conditions for enterprise reporting relevant information can be downloaded by the Hunan Provincial Department of Commerce and returns the official website, Foreign Trade Division as required application materials submitted to the Municipal Bureau of Commerce. Reporting deadline is June 24.

Municipal Bureau of Foreign Trade Bureau, responsible person, "Hunan internationally renowned brands," a 1-year authorization is valid for three years. Enterprise was rated after the first year receive $ 200,000 to support the fund, after two years of 50,000 per year, for three years totaling $ 300,000. Currently, a total of 21 Zhuzhou City "in Hunan international brands", covering ceramics, carbide and other fields.

In addition, the 2011 annual "Hunan Province, an internationally renowned brand" is about to expire, companies continue to review, to be re-identified. Apply for re-authorization of the enterprise, reporting conditions, processes, materials and the same initial reporting enterprise. Re-identified major review of the basic conditions of enterprises, did not meet the basic criteria will no longer be recognized as "international brands in Hunan Province."


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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Mines And Cargo Operators Reluctant to Sell,Tungsten Ore And Concentrate Purchases More Difficult

 
 

Due to the recent mining and cargo operators reluctant to sell, resulting in the procurement of tungsten ore and concentrate more difficult, prompting a slight elevation signs of market quotations for two days, but the actual transaction is still light, and traded little changed, short-ore prices are expected to temporarily difficult rise, mainstream or remain steady on the sidelines.

Macro level, the central parity of RMB lowest walked eight months this year, the cumulative depreciation of 11.94%; Commerce Department: Infrastructure to China - a new highlight cooperation in Central and Eastern Europe; UK first quarter GDP growth of 0.8%.


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

 

High-Grade Carbide Products Accounted for A Relatively Small High-Tech And Other Factors Caused by The Poor Performance of Tungsten

 
 

Tungsten high-tech ( 000657 ) in October 2013 completed the HNC purchase shares of non- public offering of shares held by the hard- line 100% equity stake from 80% of the company's major asset restructuring hard . Upon completion of this restructuring , the overall strength of the company's main business has been significantly enhanced , the company established a leading position in the domestic enterprises carbide industry. After the completion of the restructuring , according to the data display after retroactive adjustment , full-year 2013 the company achieved total revenue of 11.237 billion yuan , an increase of 32.4% ; completion of the net profit attributable to equity holders of 158 million yuan , an increase of only 2.3% the results failed to meet the commitments made ​​in the reorganization .

The reasons for the poor performance of high-tech tungsten , in addition to market factors , and their numerous deficiencies also closely related to : 1 ) processing is not deep , not fine finishing , facing fierce competition. In the country , whether technical or personnel accumulation literacy , high-tech tungsten in its hard- line , self- doubt is called the hard carbide industry leader , but because of staff turnover , low-grade carbide products have been presented intense competition , and the company really high-end products accounted for a relatively small , only diamonds and Jinzhou has a strong advanced, but compared to foreign products and the gap is still large. 2 ) staff large output inefficient. Subsidiary strains are hard and stiff from decades-old state-owned enterprises , a large number of personnel , the heavier the burden , relative to other companies carbide , per capita output is too low. 3 ) all rely on raw materials purchased , industry chain defects. Companies incomplete industry chain , in addition to tungsten concentrate , APT purchased as a raw material needs , the intermediate products such as tungsten carbide , also need outsourcing, huge production capacity and alloy carbide tools business only modest processing fee charged , resulting in gross profit margin lower .

The actual level of management and shareholders controlling fusion or accelerated decision making. Tungsten tech decision chain length, but also led to its repeated disappointing reasons. In the high-tech tungsten above , in addition to Hong Kong listed company Hunan Nonferrous , there HNG before the real decision-making level CMNH ; while in the high-tech tungsten or less , in addition to its subsidiaries , as well as nearly 20 branch and sub- subsidiary . According to communicate with management , we are told , CMNH and HNG ongoing management integration , which previously CMNH and CMN have unified management , after the completion of the company's management will achieve three triple layer , which will help to improve decision-making efficiency , promote the progress of the relevant commitments .


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
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Jiangxi Tungsten Carbide Tungsten Alloy Scrap Companies Use Scientific And Technological Achievements Acceptance by Experts

 
 

Recently, Jiangxi Tungsten Carbide Co., Ltd. assume the topic " tungsten alloy scrap recycling technologies and demonstration" technological achievements by the Chinese Ministry of Science and commissioned by the Group of Experts and acceptance of renewable resources industry technology innovation strategic alliance organization. By the Chinese Academy of Sciences Ruilin Zhang Wenhai Technology Co. , National Science and Technology for Social Development Division of Health researcher Yanji , the State Council Development Research Center researcher Cheng Kuaiqiang nine experts on the results of the expert group to conduct a comprehensive demonstration and evaluation, the indicators have reached unanimously approved the acceptance required to confirm the results of the implementation of this technology will effectively improve the utilization of national circulation tungsten tungsten resources strategy , agreed to acceptance .

" Tungsten alloy scrap recycling technologies and demonstration " feature is the national scientific and technological support projects " typical product recycling scrap metal key technologies and applied research ," part of the project in 2011 reported to the Ministry of Science . The topic to scrap carbide as raw material , the main research through the " zinc melting method " is made of tungsten carbide powder can be used again , and then take the powder metallurgy processed into a variety of tungsten alloy products. Thematic group general manager of Jiangxi Tungsten Carbide company Changbin Liu led after three years of struggling to research, scheduled completion of various tasks.

Tungsten Holding Group Vice President Jiang Yan Yang Hua , Director of Group Technology Office Xiaohong Zhu and Jiangxi Tungsten Carbide Co., Ltd. is responsible for the persons concerned to attend the achievements acceptance activities.


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

 
 

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