Heyuan Fumarate has revealed half annual report in 2014. During the reporting period, the company implemented revenue of 74.62 million yuan, up 5.72% from a year earlier. Implement attributable to shareholders of listed company net profit of 6.146 million yuan, up 6.67%; The same period last year, basic earnings per share 0.15 yuan, 0.14 yuan. As of June 3, 2014, the company's total assets are 167.5678 million yuan, with a net worth of $112.2057 million.

The company said that in recent years, the domestic cemented carbide production manufacturer is gradually increasing, most of them making low-end products, excess production capacity, small scale of enterprises, competitive market structure. For this purpose, the company will continue to adhere to the management strategy of differentiation, high-end, highlight enterprise in high-grade, ultra-small ultra-thin and special non-standard products comparative advantage, and on the basis of strengthening internal management and cost savings, closely track industry development trend and frontier technology innovation, constantly adjust product structure, research and development of new products, improve market competitiveness.

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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The weakening of tungsten products prices stable. At present, tungsten powder and tungsten carbide market the actual transaction price of mainstream concentrated in between 253-255 yuan /kg, the business mentality is different, some still offer up to 258 yuan /kg, but in low resource drag, high turnover impeded, businesses have adopted a wait-and-see attitude.

The prices of manufactured goods fell again. Steelmaking with the price dropped to 270 yuan /kg, high pure tungsten rod is 285 yuan /kg, fell 5-10 yuan. Tungsten electrode polished rod price has remained around 405 yuan /kg, black tungsten rod closing price of 360 yuan /kg. Powder market weak, the prices of manufactured goods have to lower. Expected short-term tungsten products prices or operation of temporary stability.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten market: Tungsten inquiry continues to be suppressed, the inquiry is more and more approaching the 100000 mark, but shippers to observe patience, cover goods not, market transactions stalemate, extremely light, estimated risk by weak demand, recently ore prices are still slightly lowered. Low operating rate of the smelting ferrotungsten manufacturers, the market low yield. It is understood the large-scale smelting ferrotungsten manufacturers all suspend production for rectification, powder market weak, the prices of manufactured goods have to lower. Expected short-term tungsten market operation of temporary stability.

Low operating rate of the smelting ferrotungsten manufacturers, the market low yield. It is understood the large-scale smelting ferrotungsten manufacturers all suspend production for rectification, at present domestic still continue to produce less than 10 manufacturers home and cut production operation, such as a furnace and so on, the overall market low yield.

Despite the recent market for low yield, supply reduction, but this week for prices fell slightly. Downlink factors are: one is for the market demand remains in the doldrums, the market turnover less, more long-term orders cooperation; two is the stock market still call adequate, some traders who have a certain stock, weak demand, inventory consumption weakness; three is the raw material of the inquiry is not broken down, tungsten concentrate the purchase price fell. For the cost of production down.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn