In 2012, China tungsten carbide production level reaches 1.65 million tons, 4,500 tons are for the production of cutting tools, on the quantity, there has no big difference with Japan. But after the tool is made, the value is only 800 million U.S. dollars, is far less than the $ 2.5 billion in Japan, which fully shows that the overall production level of tungsten carbide still has a considerable gap. Therefore, domestic enterprises can not meet the market demand, the needs of the manufacturing sector will have to rely heavily on imports to solve.

Data shows that the sales annual growth rate of the main foreign sales in high-end tool market of China reaches 30%, it is more than the average annual growth level of domestic knives.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Hard tungsten scrap  prices keep at USD12.25-12.75/lb for consumers; a USD0.25/lb increase compared to late April.

US has been reporting slightly higher figures over the past two weeks from what seems to be caused by rampant buying of tungsten products last month by large Chinese players. Players noted a rather interesting anomaly, mentioning that other areas of the market are still operating at an unchanged pace while scrap activity seems to be upticking as well.

Some commented that there could be some future growth in the manufacturing sector due to the recent appreciation, however, many believe that raw materials were primarily forced up, causing the entire market to experience an uptick with minimal product available for purchase.

One US-based distributor of hard tungsten scrap, who quoted rates at USD12.50-12.75/lb, stated that he was able to sell his position a week-and-a-half ago at USD12.75/lb with no negation or difficulty.

The source mentioned that major consumers seem to be buying now, which could show concern for future availability in the short-term. With scrap prices up, along with carbide, he believes the next few months could bring with it some interesting activity.

You can visit the following links for more information about hard tungsten scrap market. Thank you very much!

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Tungsten carbide rods are often applied in various kinds of drills ,drill bits, micro drills, carbide end mills and reamers, mold punches, core pins and hole drills tools. Tungsten carbide rods are widely used in drills and end mills .Carbide grade YG10X is special for non ferrous precision cutting carbide grade YG6X is for wood cutting. Grade YG8X is fiber glass reinforced plastic.

The tungsten carbide solid round rods we produced are with good high hardness and precision, with super high wear resistant and impact-resistant. Our carbide rods are also with excellent performance in some sticky metal cutting which needs good shock and bending resistance.

 Ferro-tungsten market shows no obvious improvements in China.

China tungsten concentrate prices moved up gradually, and ferro-tungsten suppliers held offers firm. Chinese ferro-tungsten market continued to be quiet, and most of the deals depended on the long-term orders.

Although the inquiries from the oversea market increase, the transaction prices are unfavorable.

You can visit the following links for more information about ferro-tungsten  prices. Thank you very much!

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com