The golden egret special alloy is a key member of the Xiamen tungsten industry Limited by Share Ltd of the state-owned listed company. It has a complete tungsten industry chain. It is the largest tungsten powder, tungsten carbide powder supplier and exporter in the world. It is also a manufacturer of high quality hard alloy and its precision cutting tools.

Rare earth market quotation in China: domestic rare earth price maintains weak adjustment this week amid the price of dysprosium oxide, DyFe and praseodymium neodymium metal stabilizes. The imbalance between supply and demand is continuing and listing prices of large rare earth enterprises edge lower, weakening market confidence. The current market trend will not be changed in the short term.

Analysis of latest tungsten market from Chinatungsten Online: Although spot goods in the tungsten concentrate market now are available, sellers keep firm offers, stalemated with downstream purchasers. Transactions of high-price tungsten concentrates increase in these two days, slowing down the pace of rise. Raw material price shows no signs of rise at present.

Molybdenum price in China maintains stability this week, intertwining with favorable and bad factors. Affected by the stricter environmental protection inspection, production capacity of mines reduces and the operating rate of downstream factories also is influenced greatly. Besides, the prices of steel biddings and international molybdenum price fall, weakening market confidence. Under the deadlocked supply and demand, trading volumes would not increase and molybdenum price may drop.