Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices register stable performance with good momentum for growth this week. On the one hand, smelting factories are will to raise offer levels with supports from tight supply and high production costs; on the other hand, downstream enterprises are reluctant to purchase lots of raw materials under poor environment at home and abroad. 

In September, Chinese molybdenum prices were stable on the whole. In the early stage, raw material market showed good momentum due to environmental protection and factories’ production disruption to undergo repair. But customers entered the market slowly. So the whole market maintained stability.

Rare earth market quotation in China: domestic rare earth price continues to keep stability in the week to Saturday September 29. Supply and demand in Chinese market are both weak and transactions are hardly concluded. The whole operating rate of factories is at a relatively low level. Market participants will remain cautious mentality around the National Day holiday.

Wolfmet 3D is the commercialization of 3D Printing methods developed at M & I Metals to 3D print tungsten. The company is a service bureau that makes tungsten 3D printed components for industry. Tungsten is not completely new to 3D printing.