In the molybdenum concentrate market, miners face little pressure of shipments and businesses try to stabilize the market; prices of steel biddings fail to meet market expectations, factories face risks of cost overhang, so ferro molybdenum price will continue to be stable.

Analysis of latest tungsten market from Chinatungsten Online: Tungsten market in China is both weak in supply and demand, the flow of goods from upstream to downstream industry chain is greatly affected by the environmental checks. Market trading is thin as both sellers and buyers are caught in wait-and-see atmosphere. Offers of mainstream tungsten products have been remained stable recently.

In November 22nd, the famous BOSCH company issued a car brake system called iDisc. It is worth noting that the iDisc brake system uses a tungsten carbide sprayed brake disc, cleaner and more efficient. The future system is expected to be a great magic weapon for the German family car to cope with the fierce competition in the global car market.

Chinese rare earth price climbs slightly this week amid the price of praseodymium oxide, praseodymium neodymium metal and europium oxide remains unchanged.