Zhangyuan Tungsten Industry's Net Profit Rose by More Than 20% in 2024

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Recently, Zhangyuan Tungsten Industry released a report stating that the company achieved operating revenue of 3.673 billion yuan in 2024, a year-on-year increase of 8.02%; operating profit of 224 million yuan, up 27.89% year-on-year; net profit attributable to the parent company of 177 million yuan, up 23.25% year-on-year; non-GAAP net profit of 185 million yuan, up 36.41% year-on-year; and basic earnings per share of 0.15 yuan, up 25.00% year-on-year. By the end of the reporting period, total assets reached 4.95 billion yuan, a year-on-year increase of 1.53%, and equity attributable to the parent company was 2.136 billion yuan, up 4.89% year-on-year.

Read more: Zhangyuan Tungsten Industry's Net Profit Rose by More Than 20% in 2024

Molybdenum Market Update - March 5, 2025

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Molybdenum market update on March 5, 2025

The domestic molybdenum market continues to operate on a generally weak trend, primarily reflected in the slight downward shift in the price center of most products and a lack of confidence among industry participants regarding the future market outlook. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder have decreased by approximately 10 yuan/ton-degree, 1,000 yuan/ton, and 5 yuan/kg, respectively.

Read more: Molybdenum Market Update - March 5, 2025

Tungsten Market Faces Evident Supply-Demand Imbalance

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Analysis of latest tungsten market from Chinatungsten Online

Read more: Tungsten Market Faces Evident Supply-Demand Imbalance

Tungsten Powder and Tungsten Waste and Scrap Prices Under Pressure

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Analysis of latest tungsten market from Chinatungsten Online

The overall trend of tungsten prices remains in a stalemate, showing weak stability. The complex international political and economic environment, coupled with sluggish industry demand, continues to exert bearish pressure on market sentiment.

Read more: Tungsten Powder and Tungsten Waste and Scrap Prices Under Pressure

Molybdenum Market Update - March 4, 2025

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Molybdenum market update on March 4, 2025

The domestic molybdenum market is in a mediocre situation. With the intertwined influence of positive and negative factors, traders basically maintain rigid transactions, resulting in a relatively dull trading atmosphere in the market, limited actual trading volume, and a slight lack of confidence among industry players in the future market.

Read more: Molybdenum Market Update - March 4, 2025

 

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