Tungsten market quotation in China: the new guide prices from larger tungsten enterprises were released last week, which showed relatively positive signals, and thus market confidence is supported. But with the coming of Chinese new year, more and more trading companies are gradually closed. The thin tungsten market will press tungsten price in the short term.

Molybdenum market quotation in China: the latest price of ferro molybdenum, molybdenum powder and molybdenum oxide is unchanged from the previous trading day. The market now is basically closed with the coming of Chinese Spring Festival, and thus the transactions are reducing. Some molybdenum enterprises get some orders besides China, but the quantity of export may be small.

Rare earth market quotation in China: domestic rare earth price will continue to maintain stability before the Chinese Spring Festival amid the latest price of praseodymium oxide, terbium oxide and praseodymium neodymium metal is unchanged from the previous trading day, with thin market trading.

In September 2017, the three phase 125/105 tungsten alloy armor piercing projectile was first displayed at the exhibition of Wang Zeshan academician education research achievements held at Nanjing University of Science and Technology.