Recently, tungsten mainstream market running smoothly , the market sentiment continues to loom , tungsten business caution , especially in the middle of tungsten products manufacturers , especially in difficult circumstances , tungsten powder price a little bit weaker .

Raw tungsten concentrate market two days the market inquiry and quotation are relatively slight rise last week , is expected in the short term or tungsten concentrate market is expected to remain relatively strong running smoothly. Main reasons: on the one hand , most of the mines are temporarily outside or only a small supply of ore supply to existing customers, raw material procurement difficulties , resulting in tungsten concentrate smelter home trying to raise external offer , due to continued weakness in demand , the mainstream transaction prices almost unchanged ; the other hand , the downstream tungsten smelting enterprises to increase tungsten concentrate inquiry , smelters home and hold stocks continued to wait reluctant sellers , buyers had to slightly raise the inquiry , the current inquiry are 10.5-10.9 yuan / ton specific decision based on the length of time of payment .


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
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Due to the recent mining and cargo operators reluctant to sell, resulting in the procurement of tungsten ore and concentrate more difficult, prompting a slight elevation signs of market quotations for two days, but the actual transaction is still light, and traded little changed, short-ore prices are expected to temporarily difficult rise, mainstream or remain steady on the sidelines.

Macro level, the central parity of RMB lowest walked eight months this year, the cumulative depreciation of 11.94%; Commerce Department: Infrastructure to China - a new highlight cooperation in Central and Eastern Europe; UK first quarter GDP growth of 0.8%.


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

19, 2009, from the Municipal Bureau of Commerce, 2014 annual "Hunan Province internationally renowned brands," declare the work has already started. With immediate effect, who meet the conditions for enterprise reporting relevant information can be downloaded by the Hunan Provincial Department of Commerce and returns the official website, Foreign Trade Division as required application materials submitted to the Municipal Bureau of Commerce. Reporting deadline is June 24.

Municipal Bureau of Foreign Trade Bureau, responsible person, "Hunan internationally renowned brands," a 1-year authorization is valid for three years. Enterprise was rated after the first year receive $ 200,000 to support the fund, after two years of 50,000 per year, for three years totaling $ 300,000. Currently, a total of 21 Zhuzhou City "in Hunan international brands", covering ceramics, carbide and other fields.

In addition, the 2011 annual "Hunan Province, an internationally renowned brand" is about to expire, companies continue to review, to be re-identified. Apply for re-authorization of the enterprise, reporting conditions, processes, materials and the same initial reporting enterprise. Re-identified major review of the basic conditions of enterprises, did not meet the basic criteria will no longer be recognized as "international brands in Hunan Province."


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 high-tech ( 000657 ) in October 2013 completed the HNC purchase shares of non- public offering of shares held by the hard- line 100% equity stake from 80% of the company's major asset restructuring hard . Upon completion of this restructuring , the overall strength of the company's main business has been significantly enhanced , the company established a leading position in the domestic enterprises carbide industry. After the completion of the restructuring , according to the data display after retroactive adjustment , full-year 2013 the company achieved total revenue of 11.237 billion yuan , an increase of 32.4% ; completion of the net profit attributable to equity holders of 158 million yuan , an increase of only 2.3% the results failed to meet the commitments made ​​in the reorganization .

The reasons for the poor performance of high-tech tungsten , in addition to market factors , and their numerous deficiencies also closely related to : 1 ) processing is not deep , not fine finishing , facing fierce competition. In the country , whether technical or personnel accumulation literacy , high-tech tungsten in its hard- line , self- doubt is called the hard carbide industry leader , but because of staff turnover , low-grade carbide products have been presented intense competition , and the company really high-end products accounted for a relatively small , only diamonds and Jinzhou has a strong advanced, but compared to foreign products and the gap is still large. 2 ) staff large output inefficient. Subsidiary strains are hard and stiff from decades-old state-owned enterprises , a large number of personnel , the heavier the burden , relative to other companies carbide , per capita output is too low. 3 ) all rely on raw materials purchased , industry chain defects. Companies incomplete industry chain , in addition to tungsten concentrate , APT purchased as a raw material needs , the intermediate products such as tungsten carbide , also need outsourcing, huge production capacity and alloy carbide tools business only modest processing fee charged , resulting in gross profit margin lower .

The actual level of management and shareholders controlling fusion or accelerated decision making. Tungsten tech decision chain length, but also led to its repeated disappointing reasons. In the high-tech tungsten above , in addition to Hong Kong listed company Hunan Nonferrous , there HNG before the real decision-making level CMNH ; while in the high-tech tungsten or less , in addition to its subsidiaries , as well as nearly 20 branch and sub- subsidiary . According to communicate with management , we are told , CMNH and HNG ongoing management integration , which previously CMNH and CMN have unified management , after the completion of the company's management will achieve three triple layer , which will help to improve decision-making efficiency , promote the progress of the relevant commitments .


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