Yesterday, Ganzhou tungsten CO and Minmetals May tungsten concentrate guidance prices were down, the decline is relatively last month narrowed, closer to the current market price of the actual transaction price, under its influence, the business mentality of weaker, is expected to recently tungsten market or low operation.

The macroscopic aspect, 30 provinces and one quarter GDP growth below the annual target, to a new round of investment; Beijing Tianjin Hebei 2020 formed one hour traffic circle, construction of rail transit network; the Ministry of commerce foreign trade is expected to rebound after May.


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

At present, the overall carbide tool in developed countries account for dominant position of tool types, the proportion is as high as 70%. High speed steel cutting tool is reduced from 1% to 2%, the annual rate, this proportion has dropped to below 30%.

At the same time, the whole hard alloy cutting tools in Chinese has become the main tool required for processing enterprises, are widely used in automobile and parts, mold manufacturing, aerospace and other heavy industry, but our tool enterprises is blind, mass production of high speed steel, and some low-end standard tools, without considering the saturation of the market and business requirements, and finally with high additional value, high technology, high-end CNC tool market "away" to foreign enterprises.

According to experts, our tool, the current annual sales of about $14500000000, which was lower than that of cemented carbide tool 25%, domestic carbide tool manufacturing has occupied more than 50% of the tool, a blind production it has seriously can not meet the domestic manufacturing industry, the growing demand for hard alloy cutter, thus forming the vacuum in the high-end market, and finally by the foreign enterprise dominant.


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: Festival of tungsten mainstream stabilised, merchants wait-and-see sentiment strong wait for guiding the price has more specific operation. APT price confusion, 16.2-17.3 yuan / ton price is, weak demand, light volume, material price after the introduction, APT price range or narrowing.


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: Festival of tungsten mainstream stabilised, merchants wait-and-see sentiment strong wait for guiding the price has more specific operation. Sodium tungstate downturn in market sentiment, continued weak demand, prices weak steady, clinch a deal the stalemate. Ammonium paratungstate price confusion, 16.2-17.3 yuan / ton price is, weak demand, light volume, material price, after the introduction of ammonium paratungstate price range or narrowing. Tungsten products downstream demand volume is not obvious, the market wait-and-see atmosphere thick. The business operational intention is generally low, expected short-term market will continue to maintain a stable tungsten.