Hazelwood Vietnam tungsten ironworks started the fourth production activities

Hazelwood Resources of Australia in its Asian tungsten plant in Vietnam (ATC) began the fourth production activities , now an annual supply of tungsten outside of China more than 10% iron .

Hazelwood said, " Vietnam ATC tungsten iron plant products are very popular in the market , and the smelting process increases the demand for tungsten , which makes the fourth production activities be expanded . "

Prior to this , Hazelwood has conducted three production activities , the production of 64 tons last April , July and August last year produced 133 tons , and in November last year to January this year, the production of 331 tons .

The company did not provide the expected number of 4th of production. However, the 2014 calendar year will produce 1,500 tons of tungsten iron, 2015 increased to 2,600 tons of annual production .

As of the end of December this half , ATC factory by British traders Wogen sold 510 tons of tungsten iron. Among them, 50% were sold to customers in Europe , 26% are exported to Japan , 10% of exports to Ukraine and Russia , 5% and 9% of exports in South America exports to the United States .

Hazelwood ATC plant began production in April 2013 , and in May to sell the first batch of tungsten iron.

ATC factory purchasing tungsten from the local Vietnamese and North American suppliers Hazelwood also reached an agreement. However , Hazelwood Moore Jinshan will eventually supply tungsten deposit in Western Australia (Mt. Mulgine deposit) to the ATC factory , once the latter part of the deposit to start operations.

About 80 percent of the global supply of tungsten iron from China . In addition to China , ATC is the largest tungsten ironworks , with an annual capacity of 4,000 tons.


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Tungsten city overall pessimistic attitude bias, see mood strong

Tungsten market : Currently tungsten concentrates and tungsten chemical products decline significantly , the overall attitude of tungsten City pessimistic side . But the manufacturer subject to cost constraints , low price does not take the goods , some manufacturers offer currently suspended for tungsten concentrates , watching the market sentiment is still very strong . Tungsten scrap market outlook less hopeful . Therefore , purchasing little enthusiasm . Tungsten scrap inventory and more high, but the low price of the venue , holding cargo shipments will not. Buyers and sellers temporary fence market is expected to continue next week, tungsten scrap prices stable and slightly weaker .

Molybdenum market : External molybdenum products market continued upward, molybdenum iron , molybdenum and other product prices appear frequently high, driven by domestic business confidence improved. Due to the current low prices, business profitability difficult , quite outside the city wishes higher offer relatively strong . Such as an increase in late inquiry , is expected to enhance the molybdenum market prices or possible .

Read more: Tungsten city overall pessimistic attitude bias, see mood strong

Waste tungsten demand is acceptable prices steady

Currently tungsten concentrates and tungsten chemical products decline significantly , the overall attitude of tungsten City pessimistic side . Tungsten Market volume of waste is still some support , the downstream demand is acceptable , so prices remain steady temporarily . Shipments will hold stocks increased last week , the market enthusiasm slightly increased overall transaction is expected to more than short-term waste tungsten market will continue steady trend.

Tungsten scrap prices continue to safeguard stability . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 187-190 yuan / kg, imported scrap tungsten blade 177-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 179-182 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh ; 50%
Overseas tungsten City steadily. 11 evening MB Rotterdam ferrotungsten offer $ 44.7-45.7 / kg tungsten , down $ 0.1 ; Hong Kong offer $ 53-55 / kg tungsten , steady . Paratungstate Europe quoted 358-368 U.S. dollars / ton level , low dropping $ 5 ; Hong Kong offer $ 367-378 / t degrees , steady . Expected short-term overseas tungsten Costco will continue weak .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten ore deal stalemate, price almost equal to the cost line

Tungsten concentrate market remains in the doldrums , buyers have been down the inquiry, but the manufacturer subject to cost constraints , low price does not take the goods , some manufacturers offer currently suspended for tungsten concentrates , watching the market sentiment is still very strong .

However , because the market has yet to positive factors supporting , lack of confidence in the business outlook for tungsten , some businesses due to financial constraints and other factors which low-priced goods to go . Scheelite spot market overall turnover is still less than normal, but a slight increase in the relative time ago , and mostly low turnover . It is understood that the current transaction price and more concentrated in the 105,000 yuan / ton, the analysis is expected to receive high-cost support , short-term ore price or stalled for some time down at 105,000 .


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

April 14, 2014 Tungsten Market early assessment

Upstream tungsten ore and other raw material prices continue to decline , tungsten products and scrap tungsten business mentality also will be weakened , holding cargo shipments will begin enhanced , but the downstream demand remains in the doldrums, waiting to see atmosphere , is expected to short-term market prices weak tungsten steady operation.

Macro level , the central bank monetary policy shift hopeless , railway construction and other fields will release the bonus ; fear China's GDP growth rate below 7.5% in the first quarter ; international price of gold fell slightly stronger dollar and the U.S. economic data .


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

 

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