Tungsten Mining Commences Drilling at the Kilba Tungsten Project
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- Category: Tungsten's News
- Published on Friday, 29 August 2014 15:02
- Written by jwy
- Hits: 1824
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Tungsten ore market confidence further weakened, suffered another inquiry to suppress
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- Category: Tungsten's News
- Published on Friday, 29 August 2014 15:02
- Written by HJF
- Hits: 1609
This week tungsten market continues to slump, cash-strapped businesses in tungsten, supply and demand have to wait and see, less market operations, thinly traded. Tungsten ore market sentiment strong, due to favorable factors has yet to see signs of market confidence weakened further downstream APT continued pressure of raw materials such as tungsten concentrate smelter home inquiry, currently 60 degrees Scheelite has now 100,000 yuan / ton low quote.
Guided announcement is expected before September, tungsten City or stabilization operation, turnover is difficult to break; September tungsten concentrate prices have soared hardly possible, the main factors are: First, the normal exploitation of mines, supply of raw materials continues to grow; Second downstream demand continues to slump, long-term supply and demand balance is difficult, oversupply; three tungsten businesses generally funds are tight, businesses or operations cautious, or cheap Paohuo, which is not conducive ore prices upward.
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Ferrotungsten difficult market transactions, greater pressure smelter home
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- Category: Tungsten's News
- Published on Thursday, 28 August 2014 15:05
- Written by HJF
- Hits: 1895
Ferrotungsten difficult market transactions, large smelter family pressure, on the one hand from the State Environmental Protection in depth, on the other hand the downstream demand continues to slump. The current rate is still low smelter home starts continue to maintain production of the manufacturers also only keep a small amount of production. It is understood that Dan Cheng Xin production run, the current daily production capacity is only 5 tons.
Ferrotungsten manufacturers more in environmental protection and rectification, minimize the cost of procurement of raw materials become more cautious. Currently manufacturers mostly old customer oriented, thinly traded, and the transaction price is slightly Yindie overall decline in the 500-1000 yuan / ton in mid-August were sold last week, only slightly. It is understood that 70 ferrotungsten cash price hovering at 17.2-17.3 yuan / ton nearby.
Read more: Ferrotungsten difficult market transactions, greater pressure smelter home
Mine Tales: Tungsten, Once Mined Here, Now an Import
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- Category: Tungsten's News
- Published on Friday, 29 August 2014 14:51
- Written by jwy
- Hits: 1915
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European tungsten City still down, domestic scrap tungsten market stability maintenance
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- Category: Tungsten's News
- Published on Thursday, 28 August 2014 15:03
- Written by HJF
- Hits: 1840
Overseas tungsten City is still a steady decline. On the 27th evening MB Rotterdam ferrotungsten offer 39.7-40.7 U.S. dollars / kg tungsten, steady; paratungstate European offer of $ 350-360 / t degrees, the overall decline $ 10; Hong Kong offer remains at $ 358-370 / t degrees. Although the European summer break has ended, but still have not seen the release of overseas downstream demand, market trading atmosphere is still deserted, often causing prices dropping, expected short-term overseas market will remain difficult tungsten city better.
Tungsten steel scrap prices firm holding stability. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, domestic waste tungsten blade 168.5-170 yuan / kg, imported waste and scrap tungsten blade drawing die is still concentrated in the 178-180 yuan / kg. Recent tungsten steel scrap trading volume has decreased, but the business mentality still strong, the price adjustment will is not strong, short-term and more will continue to stabilize. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh. A time when the end, tungsten concentrate prices stabilized, scrap tungsten materials business mentality slightly by the support. Currently waiting to see the introduction of multi-month miners guided tungsten concentrate agency is expected no short-term market fluctuations.
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