Tungsten prices steady, turnover remained light

Tungsten market: tungsten prices steady, spot turnover remained light, due to funding constraints and businesses eager to cash. Hold cargo shipping business has increased the enthusiasm, tungsten concentrate volume increased slightly, but the transaction price and the market price of the mainstream almost no change in prices of scrap tungsten businesses also weakens the will, desire to stockpile some businesses also temporarily postpone purchases plan, and then wait for the market to operate changes, now mostly held steady on the sidelines. Expected to run short-term or continuing maintenance of stability.

Read more: Tungsten prices steady, turnover remained light

Tungsten scrap market remains steady, holding the goods intended no price

This week tungsten concentrate prices continued to run smoothly, tungsten scrap merchants prices also weakens the will, and some businesses are also intended to store goods temporarily postpone the procurement plan, and then wait for the market to operate changes, now mostly held steady on the sidelines. Tungsten scrap market is expected to more than short-term will continue to run smoothly.

Tungsten steel scrap prices rose after temporary stability. Currently waste tungsten drill not included in the trading price of 187-189 yuan mainstream focus / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg. Tungsten grinding waste materials above 70 degrees transaction price is still concentrated in the vicinity of 1.8 yuan / kWh, some buyers lower prices will strong, but the market is tight resources, cargo operators No price plans.


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 scrap prices temporarily stable sidelines, businesses postpone procurement plan

This week tungsten concentrate prices continued to run smoothly, tungsten scrap merchants prices also weakens the will, and some businesses are also intended to store goods temporarily postpone the procurement plan, and then wait for the market to operate changes, now mostly held steady on the sidelines. Tungsten scrap market is expected to more than short-term will continue to run smoothly.

Tungsten steel scrap prices rose after temporary stability. Currently scrap tungsten drill not included in the trading price of 187-189 yuan mainstream focus / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg. Tungsten grinding waste materials above 70 degrees transaction price is still concentrated in the vicinity of 1.8 yuan / kWh, some buyers lower prices will strong, but the market is tight resources, cargo operators No price plans.


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

Strong support by the raw materials market, weak demand for tungsten market

Tungsten market: strong support by the raw materials market, scrap tungsten steel prices rise slightly. However, constrained by weak demand, scrap tungsten powder soft material prices have not changed. Tungsten concentrate prices continue to stabilize, the spot market turnover remained light. However, due to funding constraints businessmen, holding cargo shipping business has increased the enthusiasm, some businesses eager to cash shipments, which led to a slight increase in the relative volume, little change in the actual transaction price. Because demand has not improved, is expected to post weak tungsten prices, scrap tungsten steel upside is minimal.

Read more: Strong support by the raw materials market, weak demand for tungsten market

New Era of Rhenium for China Military Defense

As world wide known uses of rhenium, it has been an added element for tungsten rhenium products, such as tungsten rhenium wire, tungsten rhenium rod, tungsten rhenium block. Regularly, with rhenium, tungsten products can be increased its tensility. Rhenium has been expensive material, and in tungsten rhenium alloy products, it is only with 3%, 5% or more, but not more than 30% rhenium. Products made of rehnium only has been so rare. 
 
 
But as for continous rearch on aircraft, Chinese has found the great use of rhenium, such as rhenium used in intercepter fighter. 
 
As reported by USA Aviation & Space Technology Weekly, China has been inquire large quantity of rhenium. Rhenium is chosen heat resistance material for turbine blades, assembly in the aircraft. The inquiry will begin in 2016, and now they has been save them in stock and manufacutre or improve the intercepter fighter engine. 
 
 
The habit of Chinese is not only influenced on military, but also western aero gas turbine engine manufacturers, for they are truely in use of rare earth rhenium for most of their important parts. 
 
The reporter is also getting the information that the demand will rised to 5tons/year since 2016, which has constitues 10% of world wide demand. as China rhenium yield is only 2tons/year, then it has to change its purchasing route from other country. 
 
As a result, rhenium will lead China to a new era in aircraft and more is for China military defense. 
 

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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