Tungsten Carbide Company Shares of Kennametal Inc. Rally 1.23%

Shares of Kennametal Inc. appreciated by 1.23% during the past week but lost 2.05% on a 4-week basis. The shares have outperformed the S&P 500 by 1.64% in the past week but underperformed the index by 1.78% in the last 4 weeks.
Currently the company Insiders own 0.3% of Kennametal Inc. Company shares. In the past six months, there is a change of -3.05% in the total insider ownership. Institutional Investors own 95.3% of Company shares. During last 3 month period, 5.98% of total institutional ownership has changed in the company shares. The company shares have dropped 23.27% in the last 52 Weeks. On July 22, 2014 The shares registered a 52-week high of $46.76 and 52-week low was seen on January 29, 2015 at $27.63. The 50-day moving average is $36.64 and the 200 day moving average is recorded at $34.87. S&P 500 has rallied 7.73% during the last 52-weeks.

Kennametal Inc.: On Friday heightened volatility was witnessed in Kennametal Inc. (NYSE:KMT) which led to swings in the share price. The shares opened for trading at $35.11 and hit $35.35 on the upside , eventually ending the session at $35.32, with a gain of 0.8% or 0.28 points. The heightened volatility saw the trading volume jump to 557,756 shares. The 52-week high of the share price is $46.76 and the company has a market cap of $2,800 million. The 52-week low of the share price is at $27.63 .



Kennametal Inc. is a supplier of tooling, engineered components and advanced materials consumed in production processes. It operates in two segments: Industrial and Infrastructure. The Companys product offering includes a wide selection of standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, as well as advanced, materials, such as cemented tungsten carbide products, super alloys, coatings and investment castings to address customer demands. The Company specializes in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings using specialized types of powder metallurgy. The Companys metalworking tools are made of cemented tungsten carbides, ceramics, cermets and super-hard materials. In November 2013, Allegheny Technologies Inc has completed the sale of its tungsten materials business to Kennametal Inc.

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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 ore prices continued to dip, demand weakness unchanged

Domestic tungsten market conditions continue to decline, further price dip, demand weakness unchanged. Looking at the market, the downward trend of consolidation has not changed. Prior tungsten ore prices dip, mine face cost pressures, some choose shutdowns, one is to reduce inventory, slow the pace of production; secondly, low current market price, mining sales will is not strong, hope rose serious psychological. The production scale of the ATP manufacturers have a more significant decline, in spite of all production of the manufacturers are not many, but production has been the choice of most of the smelters.

In order to follow the market, Minmetals and Ganzhou ITIA have reduced the monthly price, and the market close. Still, the dilemma is still difficult to break through the downstream carbide business orders are still huge compared with same period last year. Weak consolidation market situation has not changed.


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 products market vulnerable stability maintenance, product prices dropping slightly

After last week's tungsten-based products in general have dropped this week, the enthusiasm of tungsten businesses operating less vulnerable tungsten products market mainstream maintenance of stability, prices of some products dropping slightly, expected short-term tungsten market is difficult to reverse.

Macro level, the camp changed to increase into the closing stages, trillion room for tax cuts benefit all sectors; pension fund is limited to domestic investment, can participate in major national projects; China accounted for Asian investment bank, 26.06% of voting rights.


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 market conditions continue to decline, further price dip

Tungsten market: domestic tungsten market conditions continue to decline, further price dip, demand weakness unchanged. After last week's tungsten-based products in general have dropped this week, tungsten businesses operating less enthusiasm, tungsten products market mainstream disadvantaged stability maintenance, low operating ferrotungsten market, external sales of the manufacturers offer less than 5, overseas traders tried to drive down the inquiry, sluggish exports, is expected to post ferrotungsten Budie price or, if the transaction or slightly Yindie. Some prices dropping slightly, expected short-term tungsten market is difficult to reverse.

Molybdenum market: international low-cost procurement of molybdenum oxide resistance occurs, causing Chinese enterprises to import buying surge. Molybdenum in China due to limited international spot, low-cost procurement Difficult, holding the goods began tentatively upgrade offer, stop the declining trend in the international price of molybdenum. Outlook trend there are still many uncertainties. Expected short-term rebound in the domestic molybdenum market is difficult.

Read more: Tungsten market conditions continue to decline, further price dip

Hard tungsten concentrate prices stabilized stabilized, the business confidence in the setback

Since the end demand continues to release hard throughout the tungsten market prices continued to slump, tungsten ore prices lack support, stumble endlessly, tungsten-based product line overall cost approach, has shown a lot of even upside down, the business confidence in the setback.

Hard tungsten concentrate prices stabilized stabilized, the downstream tungsten smelter shutdown intensified, most manufacturers are actively de-stocking, and business generally bearish outlook tungsten, tungsten concentrate on raw material procurement will be more weak, down strong tungsten concentrate inquiry, Last week more than 50 degrees of tungsten concentrate inquiry has fallen below 70,000 mark.

It is understood that in June the market price of tungsten ore unsatisfactory, the mainstream price of 50-55 degrees scheelite concentrate at 7.1-7.2 yuan / ton. With the summer holidays approaching, late or weaker overseas demand, tungsten Write to see the city is expected to rebound, we expected to post more than 50 degrees or scheelite price fell to around 70,000.


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

 

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