Tungsten Carbide Powder Price

Near-term Tungsten Projects in Vietnam

Details: Category: Tungsten's News; Published on Thursday, 18 April 2013 17:38; Hits: 2279

With two tungsten projects slated for production within the next few weeks, Vietnam is set to play a more significant role in the tungsten market.

With its 60-percent stake, Hazelwood Resources possesses the majority interest of Asia Tungsten Products, which owns ATC, a new ferrotungsten refinery in Vihn Bao. Hazelwood hopes to eventually become a vertically integrated ferrotungsten producer and is set to take a major step toward achieving that goal by bringing ATC online.

Terry Butler-Blaxell, managing director, said the resource protection measures implemented in China since 2008, especially the 20 percent export tariff on ferrotungsten, have impacted supply. Therefore, an ex-China source is expected to be well received.

ATC is expected to be the largest most advanced ferrotungsten plant outside of China. At stage one the refinery will have an annual maximum capacity of about 4,000 metric tons (MT). Hazelwood is expecting to reach one third of that capacity this year and to ramp up to producing at over half of the maximum capacity in 2014.

Having only a refinery means Hazelwood has to rely on the market for feedstock. The company has already sourced and contracted about 100 MT of concentrate per month.

Hazelwood plans to start commissioning after Easter and move toward first production by the first week in April. The first shipment of material is expected in April, driving the company’s expectations that it will record revenue next month.

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Tungsten Concentrate Price in China Is Stable

Details: Category: Tungsten's News; Published on Thursday, 18 April 2013 17:24; Hits: 2206

Current tungsten concentrates price is between 82,000 and 84000 yuan per ton. As a manufacturer in Jiangxi province said, tungsten mine is sold at 83,000 yuan per ton (about 60%) in his company. Another manufacturer said that 60% of the price of its tungsten ore was 82,500yuan per ton, with transaction volume of about 40 tons. A miner in Yunnan province said 55-65% of its tungsten is sold at 8.2 yuan per ton recently , with transaction volume of 80 tons.

A purchaser in Jiangxi province said 55-65% of its recent purchase price of tungsten ore was 82,500 yuan per ton. The manufacturers signed orders for powder in early June. Another buyer said that he bought 20 tons of tungsten concentrate from Hunan province at 83,500yuan per ton. The manufacturer said that the offer of mine operators in the region was 84,000 yuan per ton.

Currently tungsten concentrate market keeps steady, and the prices there will not fluctuate over 1000 yuan per ton in the short term.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Asian Metal-World Tungsten Forum 2010

Details: Category: Tungsten's News; Published on Thursday, 18 April 2013 16:57; Hits: 2279

In the end of 2008, financial crisis exploded worldwide. Demand for tungsten products dropped sharply along with falling prices and this culminated into a very difficult year for most market participants in the tungsten industry in 2009.

From November 2009, the raw material market started to warm up first; the rising price of tungsten concentrate and APT pushed the downstream market in the upward trend. In the beginning of 2010, tungsten market had a good start as international buyers started purchasing after a year-long de-stocking. However, has the difficult time really passed?

Asian Metal-World Tungsten Forum 2010 was to be held in Nanchang to discuss about the tungsten market. Here are the topics to be discussed in the summit: Chinese Tungsten Market Review and Outlook; Japanese tungsten demand and supply analysis; Analysis of tungsten export in 2009; Outlook for tungsten market; Marco Economic Analysis.

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Tungsten value dropped 11 percent in the first quarter of 2007

Details: Category: Tungsten's News; Published on Thursday, 18 April 2013 17:12; Hits: 2217

China exported 200 million U.S dollars worth of tungsten-based chemicals in the first quarter of 2007, down 11 percent, and imported 40 million US dollars worth, down another 11 percent, according to sources with the China Tungsten Industry Association on May 5.

The tungsten exports stood at 5,955 tons, down 6.4 percent, and imports at 1,509 tons, down 11 percent.

The total arrivals included 396 tons of tungsten products, up 22 percent, and 1,113 tons of tungsten concentrates, down 19 percent.

The net exports of tungsten concentrates amounted to 4,446 tons in the three-month period, the sources added.

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China’s restrict control of tungsten export dry up the global tungsten supply

Details: Category: Tungsten's News; Published on Thursday, 18 April 2013 16:41; Hits: 2385

In recent years, China has imposed export restriction on tungsten and largely purchased this kind of metal, stimulating the demand for tungsten and motivating efforts to search for tungsten ore. However, the entire process takes two or three years. In a word, new major supply source will not have appeared by 2013.

Considering the short supply of tungsten in the world market, on which those industries strongly depending such as scientific industries, their choices are very limited. It’s unrealistic for most companies to purchase a mining company as what Warren Buffett has done. Thus, cooperating with companies supplying tungsten except Chinese suppliers has become the only possibility. It’s the only way in the foreseeable future for there are so many industries relying on this kind of irreplaceable metal.

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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