With the June guidance price stability, the price is relatively strong, tungsten shippers confidence slightly boost mood, sell more concentrated. Tungsten smelting plant raw materials to downstream procurement, tungsten inquiry and price rise slightly, short-term market or mainstream material tungsten stable and strong.

The macroscopic aspect, RMB three, surged by 257 basis points, depreciation or near the end; the May CPI rose 2.5% year on year, experts said the three quarter inflation without stimulating demand should be expected to become stable; key control direction.


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In June 10, 2014 the tungsten series varieties of reference price:

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In recent years, automotive tool has been along the "three high and one special" way forward in the continuous innovation, progress, and has not stopped, it is undoubtedly the most gratifying. Especially in the "high efficiency" has made great progress, compared with the original, the processing efficiency is improved by more than 25%. In the tool material, hard alloy will maintain steady growth, high speed steel market share further reduced, and super hard material with the change of the workpiece material gain, but is not growing too big, occupies the mainstream status in quite long period of time is still hard alloy cutter.

Auto tools in the "three high and one special" (high efficiency, high precision, high reliability and specialization) on change, is developed with the rapid development of automobile manufacturing. Automobile production program of continuous improvement, processing time increases, the speeding up the development of new technology in tool manufacturing industry, tool consumption goods into high added value, high technology content of products from low value. Progress of tool materials, tool coating, tool structure, cutting parameters such as crystallization, belong to the modern science and technology. The development of new cutting tool materials, coating, cutting tool structure and digital manufacturing technology, has been applied in actual production. Cutting speed can reach 4000m/min, spindle speed of 15000~20000r/min is a common parameter; the composite multilayer, gradient structure, nano structure in the development of coating technology, accelerate the use and promotion of actual production; new development tool assisted, to shorten the process to meet the processing and adjusting time bring security, such as Mapal the quick change of HFS10 cutter bar application; CNC machining center tool change time and so on are "three high positive changes in a special".

It should be said that the processing tool for dies of automobile covering parts of many changes in the past ten years, is a multi species, either on the scale of the cutting tool manufacturers are according to the different needs of customers were refined, and as far as possible to provide alternatives more, according to the different processing environments are more choice; two is the quality a lot of progress, particularly in the service life and precision machining tool; three is the tool prices are also rising.

At present, especially for the saloon car is more and more to join our common home, with the domestic automobile manufacturers more and more quickly. The automobile production base set up and transfer to Chinese, becomes in the tool vehicle powertrain applications more widely. Its own characteristics and development in the future pay more and more attentions. With the powertrain manufacturing tend to lightweight, simple structure, high performance, powertrain manufacturing technology and process has undergone great changes, high speed, high efficiency, flexibility is the main characteristics of the manufacturing process, which is also consistent with the production requirements of modern automobile industry many varieties, small batch. As the powertrain is the crucial part of manufacturing technology, now the car power mainstream application assembly tool features are also increasingly reflects the production requirements of the modern automobile industry, the concrete manifestation is: from the powertrain requirements, high quality, high stability, high efficiency; from technology, high speed, the composite, specialization, standardization, multi species, heavy. The automobile industry is the future development of advanced cutting mode, cutting tool integrated tool environment, tool outsourcing management etc..

As one of the typical user, automotive tool I think, now the tool is more and more close to user needs. Fully extended special cutter tool for processing new material, some typical process.

1) for example, aluminum cylinder head valve guide hole quality, we use the diamond material reamer machining, tool life can reach 30000, the processed surface finish. The practical application of the diamond material tool, reducing the frequency of grinding tool, tool disassembly, assembly, replacement frequency. At the same time, rotating speed, high cutting speed, short processing time, reflects the "tool of high efficiency and high stability".

2) another example, aluminum engine cylinder cover mounting screw hole, we adopted the extrusion Taps for processing, the processing method of threaded hole assembly, has good wear-resistance, high. The processing of the former process that requires high processing quality of bottom hole, we adopted the reamer reaming holes. This reflects the tool "of high stability, high precision".

3) strong professional performance tool. A special tool, can complete the same position, one-time processing multi stepped hole, asymmetric shape, which greatly reduces the process, avoiding the additional equipment, personnel waste.


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Although June tungsten guidance continues to maintain strong, but the downstream demand remained weak, resulting in tungsten prices in the market did not improve. And businesses, from raw materials to the terminal carbide tungsten concentrate manufacturers, but are still facing tight liquidity this major problem, many manufacturers are half-dead state, along the industrial chain transfer layer by layer, resulting in product prices aquiline acceptance, widening range of product pricing, the price is slightly confusing.

Sodium tungstate market calm, manufacturers offer stabilize, but few received a single inquiry, continued weakness in demand, price have fallen to 130,000 or less. APT is now mainstream price will remain at 16.4-16.9 million / ton, the redemption price almost equal to 170,000 mark, cash traded almost unchanged, lower procurement mediocre, the market turnover continued to light, and the volume is small.


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Manufactures tungsten prices remain stable. Mainstream tungsten steel market price is still concentrated in about 290 yuan / kg, between high-purity tungsten 320 yuan / kg, tungsten wire 415-455 yuan / kg, tungsten rod 355-380 yuan / kg. Manufactures spot market limited resources, relatively low power price adjustment businesses, steady watching the majority, so the market is relatively stable. Tungsten expected short-term price fluctuations obviously difficult.

Market price of tungsten carbide powder and confusion. The current mainstream market trading price of tungsten powder concentrated in 261-263 yuan / kg, native tungsten concentrate in 259-261 yuan / kg, but the individual small factories quote is still low, tungsten carbide lowest to 256 yuan / kg, which is expensive can be reported to 265 yuan / kg, the overall performance is more confusing.


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Recently, the Director of Land and Resources Law Enforcement Monitoring Corps Shao Guoqing rate of inspection teams to Shangyou control indicators for the total management of tungsten mining were examined.

The inspection team has arrived in the camp before Jiangxi Province Mining Ltd., Ganzhou Haixin Hill Mines Ltd. shed tungsten mine, listened carefully to the people in charge on the total mine production of tungsten mining and reporting on implementation of control indicators and carefully access to the relevant production ledger. The inspection team of the two mining companies to implement total control indicators mining practices to be affirmed in the development and utilization of mineral process requires mining companies to continue in strict accordance with the development and utilization plan and organize the quota assigned tungsten production.


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Land and Resources recently issued "issued 2014 annual total rare earth ore mined tungsten ore control indicators notice" that the total cancellation of antimony mining management control indicators continue to implement the total rare earth ore and tungsten ore control targets. "Notice" clearly, the year 2014 the total amount of rare earth ore mining index was 10.5 million tons, including rock type (light) rare earth ore index adjusted by 11,200 tons, an increase of about 15% over the previous year; total control index 8.9 Tungsten mining tons.

"Notice" clearly, no longer issued 2014 annual total antimony ore mining control indicators; tungsten ore utilization indicators index plus the implementation of the approved assessment, appropriate to relax constraints.

"Notice" clear, continue to implement the suspension of rare earth ore tungsten ore mining rights policies to June 30, 2015. Key projects for the State Council and the Central Fund or the provincial geological special fund projects to develop integrated projects, resource depletion expanding area, the Department of Provincial agreement, mining resource depletion remote connection, the central support poverty alleviation projects, the provincial government requires support for projects and supporting large rare earth enterprises Group restructuring projects, in line with the total production control, capacity balancing requests, allowing the new rare earth mine tungsten ore mining rights.


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Due to continued weakness in the tungsten market demand, manufacturers cash transaction price is still low. Market funding constraints, most manufacturers uncollected money, so acceptances prices high. Powder, ammonium paratungstate market price is slightly confusing, tungsten market is expected to short-term or continuing stable and slightly adjusted.

Macro level, the central bank to expand the scope of quasi-directional drop, continue to maintain an appropriate liquidity; May CPI rose 2.6%, or, or, or a new record high for the year; global economic recovery is still good, the Nikkei index rose to a maximum of three months.


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In recent years, China's industrial development Carbide made no small achievement, but compared with developed countries, there is still not a small gap.

Less R & D investment, innovation ability is poor. China Cemented Carbide Industry, still do not have a high level of research and development institutions, as well as the gap between funding and management talent, high-end product development capability is weak, it is difficult to produce its own property and original achievements, technological upgrading of enterprises and therefore difficult to obtain strong technical support. It is understood that the Swedish company Sandvik Coromant plant, R & D investment in 2000 was 550 million kronor, equivalent to Zhuzhou Cemented Carbide plant in nearly 30 years the total R & D investment is not the mouth.

Equipped with low-grade, large gaps: applied research, development and production of high-grade carbide special equipment is mainly dependent on imports, a large gap between domestic equipment, due to financial and other reasons, have the ability to purchase imported equipment manufacturers rarely is the application of advanced domestic manufacturers The number of devices is very limited, to the development and production has caused great difficulties.

Alloy production out of touch with the tools of production: Foreign manufacturers also often carbide tool production companies, is very conducive to the development of carbide tools. Because of historical reasons, the production of carbide and tools belonging to two metallurgical and mechanical systems management, resulting in the production of cemented carbide tool production and long divorced, has developed high-grade carbide tool issues yet to be resolved.

Lower industrial economies: Due to the above reasons, although our Carbide industrial scale, but few high-value-added products, the amount of high-end products like high-performance alloys, coated abrasive products, special shaped products, precision carbide tools, etc. less and the quality is not high, due to the high value-added products worth several times or even several times in the middle and low alloy, so the benefits of carbide manufacturers generally not high. According to market research and analysis, several excellent foreign companies in the Chinese market share, in terms of volume of less than 1%, while the sales revenue, and more than 10%.


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Beginning in 2010, China's cutting tool market demand remains high growth trend, China has become the world's largest market for the tool most potential. With the development of new economic forms and requirements, market opportunities and challenges of high-end carbide followed.

In particular, the development of a number of high-technology manufacturing metal tool to bring new requirements. Tools such as the automotive industry requires high efficiency, high stability and professionalism, and with the development of the automobile industry forward, new requirements emerged from the technical requirements of view, there are overloaded, complex, specialization, standardization, speed and species diversification trend. In aerospace manufacturing, with extensive use of titanium, high temperature alloys and other difficult to machine materials, the correct choice, the rational use of high-quality and efficient cutting the industry topic, which requires high-end carbide metal cutting tool market leading products.

Carbide Tool as one representative of a typical hard cutting tool is a powerful cutting tool of industrial production, high-end products require rigorous scientific carbide tools more useful, leading to higher performance machining. Our high-end tool market is basically occupied by import tool. Especially in the automotive engine manufacturing plant, aircraft engine manufacturers and ship processing plant turbine manufacturing plant, high efficiency, high precision machining carbide cutter knives are imported products. Most of the domestic application of carbide cutting tools, the low demand customer base, such as general machinery, rough workshop.

"Twelve Five Year Plan" clearly put forward the development of high-end equipment manufacturing, this high-end development tool market opportunity is obvious, carbide cutting tools unstoppable momentum of rapid development of the high-end market, coupled with the rapid development of the macro-control to guide the inevitable. To meet the high-end market carbide opportunities and challenges, local manufacturing of carbide cutting tools should assess the situation, market demand, and actively adjust the industrial structure, improve product quality, develop to meet the relevant international livelihood cars, high-speed rail, appliances, etc. carbide cutting tool performance. Outlook is so vast, its own production capacity must be increased, basic technology, innovation, marketing and service capabilities must support development, Zhuzhou Cemented Carbide as the leading industry clusters to do the leading and exemplary role in technology applications, leading the country Carbide Tool accepts high-end market opportunities and challenges.


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