Tungsten is Strategic Metal
- Details
- Category: Tungsten's News
- Published on Thursday, 26 June 2014 20:24
- Written by TungstenAlloy
- Hits: 1896
It is said that more tungsten will be needed by next year, even as tungsten demand rises steadily at present, the world’s largest non-Chinese tungsten mine will be exhausted then. There is a prediction by analysts that investors should be lining up to fund new mines, not a bit of it.
In this case, a supply shortage could mean much higher prices, leading to handsome profits for those companies that get to market soonest. Actually, tungsten is often called as “rare”, but compared to a minor metal such as rhenium, which is used in super alloys, tungsten market is already around 80,000 tons (80 Kt) per year of tungsten metal content. Therefore, though it may be called “rare” sometimes, however, it is considered as a strategic metal, but not like a rare earth.
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Tungsten concentrate prices relatively stable, the price adjustment is not strong powder business
- Details
- Category: Tungsten's News
- Published on Thursday, 26 June 2014 15:17
- Written by HJF
- Hits: 1754
Tungsten market: recent tungsten market continued smooth operation, tight liquidity, traders were caught, difficult to operate. The current market sentiment continued strong, thinly traded. Due to the recent tungsten concentrate prices relatively stable, the price adjustment is not strong powder businesses, offer significantly narrowed the gap, the current majority holding steady on the sidelines. Paratungstate stable market as a whole, the price is relatively strong, in general. APT multi-order manufacturers to set production and sales, partially started production line, strict inventory control, short-term maintenance of stability-oriented material.
Tungsten Market demand continues to slump, cautious business operations
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- Category: Tungsten's News
- Published on Wednesday, 25 June 2014 14:16
- Written by HJF
- Hits: 1848
Tungsten market: the market running smoothly, Scheelite, a tungsten iron, powder and other manufacturers outside offer are unchanged. Market demand continues to slump, cautious businesses operate, but with the mining requirements more stringent, businesses still have some of the long-term market expectations. Tungsten steel scrap market running smoothly, some buyers will strong lower prices, but the market is tight resources, cargo operators No price plans. Tungsten scrap material relatively good business mentality is expected no significant short-term market fluctuations.
Read more: Tungsten Market demand continues to slump, cautious business operations
Paratungstate overall market stable, multi-order manufacturers
- Details
- Category: Tungsten's News
- Published on Thursday, 26 June 2014 15:03
- Written by HJF
- Hits: 1912
This week paratungstate stable market as a whole, the price is relatively strong, in general. Paratungstate multi-order manufacturers to set production and sales, partially started production line, strict inventory control, acceptance offer strong at 170,000 yuan / ton in the vicinity, but tight liquidity, manufacturers in order to return the funds, cash transaction prices continued at low price, currently 164,000 yuan / ton to cash transactions, with little change last month.
Short-term market or ammonium paratungstate steady consolidation run up weak, fell sharply and blocked. On the one hand, the market continued oversupply and weak demand, downward pressure on prices, paratungstate prices weak. On the other hand, mining tightened, raw tungsten concentrate prices are relatively strong, ammonium paratungstate bit higher production costs, higher support costs, and the prices fell sharply blocked; coupled with tight liquidity in the market, prices pulled acceptances, cash and promissory larger spread market price range of high cut blocked.
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Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Tungsten scrap market is still running smoothly, the price adjustment is not strong businesses
- Details
- Category: Tungsten's News
- Published on Wednesday, 25 June 2014 14:15
- Written by HJF
- Hits: 1703
Currently tungsten concentrate prices remained stable and strong, spent more than 70 degrees tungsten grinding material transaction price is still concentrated in the vicinity of 1.8 yuan / kWh, some buyers strong willingness to lower prices, but the market is tight resources, cargo operators no price plans. Tungsten scrap material relatively good business mentality is expected no significant short-term market fluctuations.
Tungsten steel scrap market running smoothly. Currently scrap tungsten drill not included in the trading price of 187-189 yuan mainstream focus / kg, domestic waste tungsten blade 168-170 yuan / kg, imported blade 178-181 yuan / kg, scrap wire drawing dies 179-181 yuan / kg, steady . The market is still some demand for support, businesses price adjustment is not strong.
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn