Tungsten News

Chinese New Military Fighter/Aircraft Is Made From Titanium Alloy Parts

Details: Category: Tungsten's News; Published on Thursday, 04 September 2014 09:12; Hits: 1820

As the characteristics of high strength, wide temperature range (-269℃~600℃), good corrosion resistance and process ability, titanium alloy has been widely used in aerospace and structure of engine. In recent years, with the rapid development of the world titanium industry, there are 50% of market share belonging to aviation industry. New titanium alloy in the specified structure can resist damages including defects, cracks or others in its service cycle.

Japan Will Import Rare Earth From India Instead of China

Details: Category: Tungsten's News; Published on Thursday, 04 September 2014 09:02; Hits: 1766

As Japanese Economic News reported that, Mr Modi, India prime minister, will visit Japan on 1st, September for reaching an agreement on the cooperation of rare earth production and export. Japan is expected to import rare earth from India for the first time so as to reduce dependence on Chinese rare earth.

Tungsten Market Keeps Stable and Less Transaction

Details: Category: Tungsten's News; Published on Wednesday, 03 September 2014 16:01; Hits: 1647

This week tungsten market still keeps downturn, tungsten merchants have financial strain, both buyers and sellers wait-and-see, there are less market operation and less transaction now.Tungsten market wait-and-see mood is strong, because there is still no good news, market confidence further weakened, downstream APT smelting factories last to suppress raw materials tungsten concentrate quotation, at present W60 appeared 100000 yuan/ton's low quotation.

We predict that before September guid price published, tungsten market will keep stable, transactions difficult to breakthrough. The tungsten concentrate price is hard to rise on Sep, majoy factors include, firstly, mine normal exploit, raw materials supply continued to grow, secondly, downstream demand lasts weak, supply and demand is hard to achieve balance, the supply exceeds the demand, thirdly, tungsten merchants has capital strain, so they are cautious to operate, maybe low price to sell, these are not good for mine price rise.

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Scheelite market confidence weakened, falling inquiry again

Details: Category: Tungsten's News; Published on Wednesday, 03 September 2014 16:00; Hits: 1814

This weekend in September the latest price guide forthcoming, businesses regardless of market trading now are more on the sidelines, caution, tungsten smelter home offer basic weak stabilization, but tungsten ore buyers, especially individual traders are still very low pressure Scheelite inquiry, but the actual low turnover is not much more than the market is tentative inquiry. Scheelite mainstream markets or vulnerable stability maintenance this week, market inquiry or slightly active.

Tungsten powder products offer centralized, strong steady market

Details: Category: Tungsten's News; Published on Wednesday, 03 September 2014 15:58; Hits: 1629

Tungsten carbide powder and steady mainstream market, currently concentrated in the actual transaction between 253-255 yuan mainstream / kg, tend to focus on businesses offer high-low has been reduced turnover mainstream still focused on low-cost resources . September Scheelite guided forthcoming, the current powder watching the market atmosphere, short-term or continue steady.

Tungsten steel offer is still concentrated in the 270 yuan / kg nearby, high-purity tungsten 285 yuan / kg, tungsten electrode grinding rod 405 yuan / kg, black tungsten rod 360 yuan / kg or so. Powder prices steady, products businesses also lack the power price adjustment, quote had to continue maintenance of stability, lower still demand procurement. Short-term market is expected to more than tungsten products will continue to maintain steady trend.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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China Has Tightened Rare Earths Production After WTO Ruling

Details: Category: Tungsten's News; Published on Tuesday, 02 September 2014 16:52; Hits: 1615

It’s no secret that China is the dominant player when it comes to rare earth elements (REEs). It has a 90-percent stranglehold on the bulk of supply and a 70-percent share of global consumption, so it was a significant blow when the World Trade Organization (WTO) ruled recently that its REE export restrictions violate international trade regulations.

With the ruling now finalized, it looks like China will have to make some changes. While prices won’t be affected much, China is looking at removing REE export taxes, which were levied at a rate of 15 to 20 percent. As Wall Street Daily states, the new tax regime “will force Chinese rare earth producers to raise prices towards levels outside China.”

Roskill Information Services notes that scrapping the export taxes could affect non-Chinese producers as FOB REE prices could potentially be reduced, bringing them more in line with Chinese domestic prices. And, as MINING.com states, the impact in the short term could be significant, as domestic prices are generally 36 percent lower than FOB prices.

However, Wall Street Daily does point out that the most significant change China will be making is that instead of controlling exports as it has been doing since 2010, its government will be controlling production. In order to control production, China will need to look at consolidating its REE industry, requiring many smaller, unproductive mines to shut down.

Should China manage to clean up its smaller mines and consolidate its REE industry, the country could solve the current overcapacity situation.

Company news

ASX-listed Northern Minerals (ASX:NTU) is targeting production at its flagship Browns Range REE project in Australia, for which it has been granted an Environmental Protection Authority recommendation for approval. The project, which straddles the West Australian and Northern Territory border is expected to product 279,000 kilograms of dysprosium over its 10-year mine life. The company is looking to be the next dysprosium producer outside of China.

South Africa-focused Great Western Minerals (TSXV:GWG) released its second-quarter results last week. Highlights from Q2 include a 31-percent increase in revenue to $5.6 million over the previous year. The company also released a feasibility study for the Steenkampskraal project, which means it is moving forward into the permitting process and will be looking to secure some funding in the near term.

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Sodium tungstate factory sales difficulties, delays microscopic orders

Details: Category: Tungsten's News; Published on Tuesday, 02 September 2014 16:02; Hits: 1863

Sodium tungstate factory sales difficulties, delays microscopic orders, sales channels, this is a more comprehensive supply manufacturers are now mostly old customers, new signing difficulty; channels fewer small manufacturers are now still in the discontinuation phase, although with & ldquo ; Kim Koo & rdquo; coming, some manufacturers have plans to resume production, but watching the market sentiment is still strong, the production of enthusiasm is not high.

Tungsten steel scrap increasingly high price of tungsten scrap material transient stability

Details: Category: Tungsten's News; Published on Tuesday, 02 September 2014 15:59; Hits: 1598

Exploration on the cheap tungsten steel scrap slightly. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, transient stability; domestic waste tungsten blade 169-170 yuan / kg, imported waste and scrap tungsten blade drawing die is still concentrated in the 179-180 yuan / kg between, up 0.5-1 yuan. Market demand is acceptable to support strong business mentality, a high price to move closer.

September Scheelite guided forthcoming, most recently merchants offer stability maintenance. Coupled with early market funds less stressful, tungsten scrap merchant has no intention of price adjustment, no significant improvement in volume. Waste tungsten material prices temporarily stable sidelines. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh. Short-term market is expected to more than scrap tungsten will continue steady.

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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Tungsten ore market remained weak run, businesses money tight

Details: Category: Tungsten's News; Published on Monday, 01 September 2014 16:36; Hits: 1779

Tungsten market remained weak run businesses money tight, the operating pressure increases, the market volume was light. Today, the spot market is very quiet throughout the tungsten market participants operate regardless of supply or demand are cautious, waiting for September, guided introduction, the outlook is more uncertain then the specific operation. City guide price is expected a few days before the introduction of tungsten or will continue to wait and see atmosphere enveloped in, or tungsten ore prices hovering between 10-10.3 yuan / ton.

It is understood that a small amount of tungsten concentrate the trading price of the transaction is still concentrated in the 10.1-10.2 million / ton, but hold stocks continued to suppress the inquiry this week, more downstream smelting enterprises to quote low down to 100,000 yuan / ton. Guess the city or sustained turnover tungsten week stalemate, but a tentative inquiry, quotation, or a slight increase.

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
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Waste tungsten mainstream domestic market steady, overseas stabilized tungsten City

Details: Category: Tungsten's News; Published on Monday, 01 September 2014 16:34; Hits: 1616

Currently Scheelite watching the market atmosphere, September guided forthcoming, most recently merchants offer stability maintenance. Coupled with early market funds less stressful, tungsten scrap merchant has no intention of price adjustment, the downstream demand still in the doldrums, no significant improvement in volume. Short-term market is expected to more than scrap tungsten will continue steady sidelines.

Waste tungsten mainstream market continues steady. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 189-190 yuan / kg, domestic waste tungsten blade 168.5-170 yuan / kg, imported waste and scrap tungsten blade drawing die is still concentrated in the 178-180 yuan / kg. Grinding material purchase price 30-40 degrees W content focused on the 1.45-1.5 yuan / kWh, 50-70 degrees concentrated in the 1.55-1.65 yuan / kWh, more than 70 degrees concentrated in the 1.65-1.71 yuan / kWh.

Overseas tungsten City stabilized stabilized. On the 29th evening MB Rotterdam ferrotungsten offer $ 39.7-40.7 / kg tungsten, ammonium paratungstate Europe offer 350-360 dollars / metric ton, the Hong Kong offer remains at $ 358-370 / t degrees, are steady. European summer break ended, overseas downstream demand to be released, the market sentiment gradually improved, trading atmosphere gradually recovers, the city is expected to maintain steady short-term overseas tungsten potential.

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