European Commission website on March 5 announcement, the European High Representative for Foreign Affairs Catherine Ashton and Trade Commissioner De Gucht joint proposal , requiring EU countries agreed to stop profiting from raw materials trade financing conflict. The purpose of this proposal is to prevent or reduce areas of conflict or high- risk areas by armed groups in the raw materials trade to support its armed actors , the EU requires companies to adopt a responsible attitude and get tin , tantalum, tungsten, gold and other raw materials through legal channels .

The proposal also put forward a series of recommendations to promote European companies support the norm : For manufacturers phones , copiers , computers, etc. containing tin , tantalum, tungsten and other metals to give incentives through government procurement ; involvement in providing financial support for SMEs ; to take responsible approach to obtain raw materials from the company to give public recognition in areas of conflict ; through policy dialogue and diplomatic ways to cooperate with the national mining, processing and consumption in order to get more countries involved in irregularities ; implementation of development cooperation with the countries concerned ; member governments through its policy support.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten is China scarce and irreplaceable strategic resources , we expect to improve industry concentration , mandatory production plans and export policies will effectively control the supply of tungsten , 2013 - 2015 compound annual growth rate of tungsten concentrate production was 2 %. In our opinion, metal cutting tools , and development of oil / shale gas industry will continue to drive growth in the consumption of tungsten ; 2013-2015 China tungsten demand growth of 5% .

High-end equipment manufacturing will push tungsten downstream processing industries. High-end equipment manufacturing was listed as one of the big seven strategic emerging industries China , likely to be the next 5-10 years and the rapid development of the national policy support . According to China Association 2011-2015 tool development goals , domestic and efficient tool from a 15% market share in 2010 to upgrade to 2015 to 30% -40 %, which means to increase domestic demand for space efficient tool 60-100 billion ; expects domestic leading tungsten carbide deep-processing enterprises will usher in development opportunities.

Global leader in the development of carbide cutting tools two inspirations: ( 1 ) continued development of new products will help the company to maintain high gross margins ; ( 2 ) can enhance the company's overseas expansion of market share , maintain its leading position in the industry . We think that the biggest difference between the domestic manufacturers of carbide with overseas business model is that the overall tooling solutions and ability to meet special needs . We believe that with the domestic companies continue to invest in new product development , the development of space tungsten processing industry is broad.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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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

Since 2011 , tungsten demand continues to slump , especially overseas manufacturing downturn, tungsten consumption fell again , tungsten exports in 2012 decreased by 20% , in 2013 the amount of tungsten exports fell 21% again. Entered into after 2014 , the trend of decline in exports of tungsten product has ceased, and in January , tungsten exports grew 23% , to February , the total amount of tungsten exports have risen by 32%. Tungsten has seen demand for exports regain momentum , China's exports of tungsten export markets have shown signs of improvement , supplier raised the export offer.

Signs of improvement in China's export market is mainly for two reasons :

On the one hand , overseas economic track to recovery , especially in the recovery efforts in the U.S. manufacturing sector , the automotive industry and the real estate industry is still very strong, the EU also has entered the expansion phase manufacturing , real estate and automotive industries also signs of improvement now . Experienced a downturn after two or three years , overseas demand for tungsten has the potential to rebound .

On the other hand , the domestic economic growth slowing , demand continues to slump tungsten , tungsten price in 2013 was supported by Minmetals lot of purchasing and storage and upward , since 2014 , such as the delay in action Minmetals , coupled with the accumulation of tungsten concentrate inventory compared large domestic market volume was light , qualified businesses export situation more steering recovery in overseas markets .

Tungsten is the country 's dominant species , tungsten industry concentration is high, for control of the market is relatively strong, with overseas demand is also transferred , along with the export price definitely upward.

It is understood that the recent Chinese export market slightly upward , APT export prices up $ 5-10 / t degrees , Rotterdam to shore , DDP concentrated at $ 360-375 / t degrees.


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
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