Tungsten Bucking Bar Price

Zhangyuan Tungsten planned an yearly revenue of 2 billion

Details: Category: Tungsten's News; Published on Tuesday, 23 April 2013 09:06; Hits: 2211

Zhangyuan Tungsten held its annual shareholder meeting on April 20^th, and passed several bills smoothly. The company got a net profit of 132,000,000 yuan, 54.11% less than the previous year. As the industry recovers this year, price of tungsten products has started to increase, and the company plans an yearly sales revenue of 2 billion and recovery growth in business performance.

Zhangyuan Tungsten has remarkable advantages on resource, with 4 mines having mining rights and 6 diggings having exploration rights. It has scored remarkable exploration achievements in recent years. Phasic progress was made in three mined mines and an un-mined mine, benefiting the company to increase the period of mining service to stockpile sufficient resources for further mining.

Zhangyuan Tungsten is one of the few manufacturers with a complete industrial chain in Chinese tungsten industry, having a strong ability to resist risks.

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 ore holding steady high price

Details: Category: Tungsten's News; Published on Monday, 22 April 2013 17:53; Hits: 2246

Tungsten ore held steady high price recently, leading to a greater willingness for merchants to sell. Meanwhile, affected by cost, the quotation of APT was higher, resulting in a stagnant market with few sellers. Part of the low prices hover around 173,000 yuan. The entire poor shipment in the tungsten market and limited downstream delivery efforts put part of processing enterprises at risk of price hanging upside down.

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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Nankang Tungsten Industry Development Exchange Conference

Details: Category: Tungsten's News; Published on Monday, 22 April 2013 17:04; Hits: 2150

Recently, Tungsten Industry Development Exchange Conference was held in Nankang, Jiangxi. The former Director of the Standing Committee of Nankang Municipal Congress, Zhou Yingtang and Nankang city leader Ke Yansong, Zhong Xuhui, Xiao Zhidong and Wu Jian attended the meeting. At the conference, Fang Zhigang, the professor of the University of Utah gave a talk on the subject of the development trend of industrial technology of gradient cemented carbide and cemented carbide. He gave vivid and deep analyses of the integrated trend of tungsten industry at home and abroad, the development trend of tungsten industrial structure, and processes and development trend of cemented carbide. His analysis provides important guidance to the sustainable development of tungsten industry in Nankang city.

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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SRB plans to purchase 10,000 tons of tungsten concentrates

Details: Category: Tungsten's News; Published on Monday, 22 April 2013 17:33; Hits: 2241

Recently, an insider who declined to be named revealed that SRB plans to purchase tungsten concentrates on Minmetals’ behalf, with a total volume of 10,000 tons, equivalent to the national monthly output of tungsten concentrate. But the specific volume depends on the official announcement.

This decision certainly will reduce the supply of tungsten concentrates in the market in a short time and push the price of tungsten concentrates.

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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The first list of enterprises access to tungsten, tin and antimony industry in Jiangxi

Details: Category: Tungsten's News; Published on Monday, 22 April 2013 15:46; Hits: 2307

Recently, the ministry of industry and information technology announced the first list of enterprises qualified, according to the industry admittance requirements for tungsten, tin and antimony industry and management interim measures of enterprises access to tungsten, tin and antimony industry.

The first list includes 9 enterprises in Jiangxi, they are Zhangyuan Tungsten in Chongyi County, Yaosheng Tungsten, Jiangwu Cemented Carbide, Haisheng Tungsten and Molybdenum in Ganzhou, Jiangwu Youtai New Materials, Yuanchi New Materials, Huamao Tungsten Materials, Ganzhou Nonferrous Metal Smelting and Huaxing Tungsten. It’s reported that the first list include 16 enterprises.

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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