The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥182-186/kg; scrap tungsten bit still concentrates on ￥187.00-￥191.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

The price of the content of scrap tungsten grinding material which is more than 70W is ￥1.70 per kilogram tungsten, 50W-70W is ￥1.60 per kilogram tungsten, 30W-40W is ￥1.40 per kilogram tungsten, 10-20W is ￥0.80 per kilogram tungsten while 8W-10W is ￥0.70 per kilogram tungsten.

With falling price of tungsten concentrate, tungsten miners are bit more willing to ship, however, low demand still leads to low transaction volume although the resource of scrap tungsten is short.

Scrap tungsten market, whose mainstream price is solid while some scrap tungsten with low grade exist zone of agreement. Scrap tungsten suppliers, which are affected by the downward of tungsten concentrate price, their attitude become more cautious and more willing to wait and see. Chinatungsten Online predicts scrap tungsten prices will keep steady generally but falling feebly.

In the international market, tungsten concentrate prices show its trend to move up constantly. By the night of 21^st, the guiding price of MB ferrotungsten in warehouse Rotterdam maintains $43.00-44.00 per kilogram tungsten, the highest level has increased $0.50; the quotation of ammonium paratungstate keeps $304.00-330.00/mtu.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Mott’s porous tungsten is stable at high temperatures with the highest melting point of all metals, the lowest coefficient of thermal expansion, and corrosion resistance under extreme conditions, the company claims.

Mott engineers porous metal components, sub-assemblies and finished products for applications in a wide variety of industries, including biotechnology, medical, chemical, petrochemical, instrumentation, food and beverage, semiconductor, and alternative energy. 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

At the beginning of this week, the tungsten concentrate market is stable temporarily. Mainstream price of 65% Tungsten concentrate based on Ganzhou, Huan focus on ￥115,000.00-116,000.00/t, and the real transaction price may be higher to ￥118,000.00/t. As to lower price level, some traders are eager to throw goods that prices of ￥110,000.00-112,000.00/t exist as well while the condition is to deal by cash.

According to the analysis of Chinatungsten Online, with the coming of New Year, the contradiction between supply and demand in tungsten concentrate market exists. Some tungsten suppliers have to reduce their quotation since fund pressure, large amount of stock pressure and lower market demand pressure. However, the lowest price will not drop below ￥110,000.00.

A tungsten supplier in Dayu notes, ‘The sources of goods are various which is not benefit for solid of price. With the consideration of market risk, tungsten traders dare not to stock up goods.’

Generally, the supply and demand of tungsten concentrate market are not balance this year, in addition to drastically price rising recently, which both lead to high market stock. At the last week of 2012, the demand of end users cannot improve, thereby some tungsten suppliers have to ship in low price which restrict the whole quotation of market. Chinatungsten Online expects tungsten concentrate prices would reduce recently.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Prices, WML Version: http://m.chinatungsten.com

Tungsten Mining (ASX: TGN) hit the ASX boards at 2pm EST yesterday and traded as high as $0.21, before closing at $0.205 - a 2.5% premium to the IPO price.

The Tungsten Mining prospectus offered 25 million shares at $0.20 to raise $5 million, with oversubscriptions allowed for another $3 million.