Xiamen Tungsten plans to invest 3 billion in tungsten carbide project construction

Xiamen Tungsten still plans to invest heavily to build tungsten carbide project to expand existing capacity, in spite of the sharply decline in sales followed by the price downward trend of tungsten, rare earth and other major products.

The announcement published on April 17th said that the company has sign the production project contract of tungsten carbide with Luoyang High-tech Economic & Technological Development Zone Management Committee. It will establish a company in the High-tech Zone to take responsibility for the implementation of the project while the committee will actively assist.

Xiamen Tungsten stressed that this project is a basic invest intent and will be built in phases, among which the first phases will spend 1 billion. The concrete follow-up investment ways and amount are to be researched and argued after the complement of the first phase project.

 


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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A New Tungsten Ring by Forever Metals to be Released in May 2013

Forever Metals, a large tungsten rings retailer and manufacturer, will release a new tungsten ring in May 2013. The Gorgons tungsten wedding band will be available on May 1st. The Gorgons will be available in two styles, one with a brushed center and one completely polished. The width of both rings will be 10mm. The Gorgons is a unique style that will surely be popular with those seeking a unique ring for their wedding band or fashion piece.

Forever Metals is considered one of the largest tungsten ring retailers of the internet. The extensive website includes a large collection of simple yet classic style along with many unique styles which make their website popular. Best sellers include the wood inlays, colored tungsten consisting of black and gold and the Celtic collection. The website includes many styles for both men and women, most available in many widths and finishes which make shopping easy for all that stop by.

 

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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Ferro-tungsten Market Sees No Obvious Improvements

China  ferro-tungsten market sees no obvious improvements.In the recent days, the tungsten concentrate prices moved up,and ferro-tungsten suppliers hold offers firm.

Ferro-tungsten market continued to be quiet, and the spot market saw few deals been concluded owing the soft demand. 

The ferro-tungsten prices increased slightly last week, and keep stable as whole for the moment. Many market participants watch the market for next term.

You can visit the following links for more information about ferro-tungsten  prices. Thank you very much!

 
 
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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Active Tungsten Market Situation after May Day

The tungsten market is active after May 1st, and APT price keeps rising, maintaining at between 125000 and 127000 yuan per ton, among which some higher transaction price reached between 128000 and 130000 yuan per ton.

In tungsten concentrate market, sellers are still reluctant to sell out, even at 80000 yuan per ton.

The new order for tungsten carbide powder is transacted at between 203 and 205 yuan per kg, and the quotation reached 210 yuan per kg directly because of raw material shortage, consequently, there are few new concluded orders.

Foreign clients have placed comparatively many orders before tungsten price went up, so the export volume to Japan began to decline. There is no obvious improvement of downstream hard metal and tungsten material demand, while upstream market raw material supply is seriously tight, mainly because mineral holders are reluctant to sell when powder and APT enterprises are badly in need of purchase.

 

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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Technical demand for tungsten carbide

Though tungsten demand is persistently growing owing to the widespread application in national defense, civil and war industries all over the world, increase Supply shortage has become a major growth dampener for the distinctive metal. The growth of the tungsten market depends largely on new discoveries and explorations.

As cemented tungsten carbide is satisfying changing technical demands in milling and turning operations, it is considered a key material for cutting-tool inserts. Ceramic-metallic compounds and ceramics are being produced and used as replacements for cemented tungsten carbide in order to fulfill varying market demands.

The relevant market data and trends are presented in "Tungsten: A Worldwide Market Review".

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
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