Tungsten Carbide Price

Insufficient global supply of tungsten growing trend

Details: Category: Tungsten's News; Published on Wednesday, 28 May 2014 10:58; Written by HJF; Hits: 2020

Tungsten is one of the world most hard materials texture , this metal to extreme heat - especially high- calorie - has a remarkable capacity, in addition to the vacuum tube filament incandescent filament outside ( the latter is indeed still use, but only 3% of all uses of tungsten ) , also widely used carbide tools ( half of tungsten is used for this purpose ) , oil and gas exploration in the " hard steel " drill , rocket engine nozzle and a cathode ray tube, an irreplaceable importance.

Tungsten is being increasingly applied to new technologies. High hardness, high stability and ability to withstand extreme temperatures they have , making it an ideal material for the electrodes and components used in touch screen . With smart phones and tablet devices for explosive applications touchscreen technology, the world demand for tungsten in the original annual growth rate of 6% on the basis of further surge.

China's tungsten production accounts for over 80% of world production , has slashed exports of tungsten , has now become a net importer of this precious metal. The control of exports of tungsten did not show any signs of loosening , which was used for the country's manufacturing sector . Therefore , the rest of the world will find another new sources of supply .

Russia has some reserves , but will remain 70% for domestic use . People also recovered from the use of existing equipment and spare parts in tungsten , but even this source has now also applied to the limit, for the time being there is no sufficient new resources appear.

Right now, the removal of China and Russia , only five tungsten mine as a major supplier of the global market. A recent British Geological Survey report released a list of the existence of the economic value of the metal , " endangered " , which topped the list of tungsten .

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Scheelite Transaction Price Rose Slightly,Holding the Goods Still Reluctant to Sell

Details: Category: Tungsten's News; Published on Wednesday, 28 May 2014 09:12; Hits: 2237

Despite a slight rise in the actual transaction price of tungsten concentrate, but hold stocks still reluctant to sell, but no improvement in downstream demand, turnover remained a stalemate between buyers and sellers, the market traded subdued, expected short-term price of tungsten concentrate transaction 10.5-10.8 ten thousand yuan hovering between / ton.

Macro level, HSBC said in the coming months China will introduce more targeted easing measures; held around the railway construction will promote intensive, railway construction reached a climax; possibility that many agencies predicted drop quasi-central bank is unlikely.

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May 27, 2014 paratungstate market

Details: Category: Tungsten's News; Published on Tuesday, 27 May 2014 16:19; Written by HJF; Hits: 2037

At present , the domestic market trend today paratungstate basically stable , businesses reluctant to sell , purchase negative . Paratungstate mainstream market quotations concentrated in 16.4-16.7 yuan / ton , the actual transaction at 16.3-16.7 yuan / ton, essentially flat with last weekend . Downstream demand remained weak , although small businesses paratungstate stock , but shipping is not smooth , few new orders .

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Slightly Higher Transaction Price of Tungsten Concentrate,Molybdenum Concentrate Businesses Hold Stocks Sidelines

Details: Category: Tungsten's News; Published on Wednesday, 28 May 2014 09:10; Hits: 2003

Word Roundup: Scheelite tungsten market despite a slight rise in the actual transaction cargo operators reluctant to sell it because shill and domestic downstream demand has not changed, the parties remained deadlocked transaction is expected this week or mainstream transaction price of tungsten concentrate concentrated in 10.5 -10.8 yuan / ton; molybdenum market currently no abnormal fluctuations in the venue, wait hold stocks of molybdenum businesses reluctant to sell cheap.

May 27, 2014 tungsten concentrate market

Details: Category: Tungsten's News; Published on Tuesday, 27 May 2014 16:18; Written by HJF; Hits: 1986

Tungsten ore business caution , some businesses a temporary fence retreat, little change in the actual transaction . Some businesses see the opportunity to buy and sell small amounts make the difference . Traders continue to be in trouble, cargo operators reluctant to sell to raise prices , difficulty getting goods , the downstream demand remained weak , procurement and purchase of lower prices still below normal.

Tungsten concentrate on the market for more than 50 degrees 10.3-10.5 yuan / ton, 60 -degree Scheelite 106,000 yuan / ton. Judgment based on currently have bottomed out , a slight increase miner tentative offer, but the buyers to accept low level of inquiry is still low , it is difficult to reach agreement , less the actual volume .

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