Tungsten scrap prices continue to hold steady . Currently scrap tungsten drill focused on the purchase price excluding tax mainstream 185-188 yuan / kg, imported scrap tungsten blade 176-180 yuan / kg, domestic waste tungsten blade 167-170 yuan / kg, scrap wire drawing dies 178-181 yuan / kg waste pure tungsten 213-221 yuan / kg. W ≥ 70% concentrated in the purchase price of the grinding material mainstream 1.75-1.8 yuan / kWh ; 50%

In the mining and cargo operators reluctant to sell emotional support, tungsten ore quotations finally have swarmed , but gains are not obvious. Mainstream tungsten scrap prices continued maintenance of stability , the height of the blade and scrap tungsten material transactions performed relatively well , driven by the ore price rise , some businesses offer has raised the signs of domestic waste tungsten blade appears 172-173 yuan / kg offer. Tungsten scrap market is expected to more than the short-term transient stability sidelines.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Despite a slight rise in the actual transaction price of tungsten concentrate, but hold stocks still reluctant to sell, but no improvement in downstream demand, turnover remained a stalemate between buyers and sellers, the market traded subdued, expected short-term price of tungsten concentrate transaction 10.5-10.8 ten thousand yuan hovering between / ton.

Macro level, HSBC said in the coming months China will introduce more targeted easing measures; held around the railway construction will promote intensive, railway construction reached a climax; possibility that many agencies predicted drop quasi-central bank is unlikely.


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

Tungsten is one of the world most hard materials texture , this metal to extreme heat - especially high- calorie - has a remarkable capacity, in addition to the vacuum tube filament incandescent filament outside ( the latter is indeed still use, but only 3% of all uses of tungsten ) , also widely used carbide tools ( half of tungsten is used for this purpose ) , oil and gas exploration in the " hard steel " drill , rocket engine nozzle and a cathode ray tube, an irreplaceable importance.

Tungsten is being increasingly applied to new technologies. High hardness, high stability and ability to withstand extreme temperatures they have , making it an ideal material for the electrodes and components used in touch screen . With smart phones and tablet devices for explosive applications touchscreen technology, the world demand for tungsten in the original annual growth rate of 6% on the basis of further surge.

China's tungsten production accounts for over 80% of world production , has slashed exports of tungsten , has now become a net importer of this precious metal. The control of exports of tungsten did not show any signs of loosening , which was used for the country's manufacturing sector . Therefore , the rest of the world will find another new sources of supply .

Russia has some reserves , but will remain 70% for domestic use . People also recovered from the use of existing equipment and spare parts in tungsten , but even this source has now also applied to the limit, for the time being there is no sufficient new resources appear.

Right now, the removal of China and Russia , only five tungsten mine as a major supplier of the global market. A recent British Geological Survey report released a list of the existence of the economic value of the metal , " endangered " , which topped the list of tungsten .


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

Word Roundup: Scheelite tungsten market despite a slight rise in the actual transaction cargo operators reluctant to sell it because shill and domestic downstream demand has not changed, the parties remained deadlocked transaction is expected this week or mainstream transaction price of tungsten concentrate concentrated in 10.5 -10.8 yuan / ton; molybdenum market currently no abnormal fluctuations in the venue, wait hold stocks of molybdenum businesses reluctant to sell cheap.