In the second half of 2017, tungsten market is still visional. Tungsten concentrate price reaches to RMB 80,000/ton at the end of June, tungsten price cost effect will keep going, price property of tungsten is clear. 

Tungsten market in the first half of year 2017 shows tungsten market is in process of recovery, the whole industry is stable, price is rising slightly.

Molybdenum price trend on Jun. 22 is decreasing slowly, including molybdenum concentrate, molybdenum trioxide, ammonium molybdate, ammonium heptamolybdate and sodium molybdate price.

Molybdenum price trend on Jun. 22 is decreasing slowly, including molybdenum concentrate, molybdenum trioxide, ammonium molybdate, ammonium heptamolybdate and sodium molybdate price.

Due to steel industry bidding, ferro molybdenum price is under pressure and decreased to RMB70,000~73,000/ton. Mass purchase price has led to the same trend for retail prices.

Machine tools plays a very crucial role in manufacturing of metal components through machining. Computerized numerical control (CNC) machines are prominently used for machining of metal components which requires high precision for producing complex shapes of varied dimensions. Currently, there are mainly two types of machine tools prominently used. HSS (high speed steel) and carbide tools; among which carbide tools is most prevalent for machining applications primarily due to exceptional wear resistance, chemical inertness, material strength and other superior characteristics.

The report covers the present scenario and the growth prospects of the global carbide cutting tool inserts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The report also includes a discussion of the key vendors operating in this market.

This research report titled ‘Global Cutting Tool Inserts Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.

Nammo’s 25mmx137 APEX ammunition has been qualified for the F-35 Lightening II advanced stealth fighter following flight trials at the US Navy’s Naval Air Weapons Station in China Lake, California, earlier this year. Designed specifically for the F-35, the APEX is intended to defeat a spectrum of target types – ranging from air targets to both so and armoured ground targets.

The global tungsten carbide market, by value, is estimated to witness growth at a CAGR of 4.4% over the period 2017 to 2022

This growth in the market is attributed to the increasing demand for various applications such as metal cutting tools, wear parts, mining & drilling tools etc. and various end use industries like automotive, aerospace & defense, oil & gas, mining & construction, electronics etc.

Tungsten carbide is a highly dense material constituting of tungsten and carbon as their constituent materials. They exhibit significant properties like extreme hardness, toughness, wear & abrasion resistance, pressure resistance, and many more. The unique combination of these properties and their cost effectiveness have set them apart to be the ideal choice of many industry manufacturers.