Indian tungsten market shows no improvements.

Due to the high tungsten prices and dull economy, demand of tungsten hovers at low level in India. Local market participants see no sign of improvement in the near future.

An Indian trader reported that demand of tungsten is very low in India that their trading volume decreased.

You can visit the following links for more information about  tungsten market.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:   sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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European ferro-tungsten prices stable

European ferro-tungsten offering prices have held flat between USD48.00-49.00kg W in warehouse Rotterdam this week, with the majority of stockholders reluctant to part with material below this level as export prices from both China and Vietnam remain above USD48.00kg W CIF Rotterdam.

However during European consumer tenders this week, material was purchased between USD47.50-48.00kg W d.d.p. A large European ferro-tungsten trader revealed that he has seen a wide price range of between USD47.50-49.00kg W in warehouse Rotterdam.

You can visit the following links for more information about  ferro-tungsten prices.

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:     sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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Ammonium paratungstate market (APT  market) sees few deals with watching attitudes.

According to the APT market participants in China, the ammonium paratungstate prices(APT  prices) are stable this week, and the APT market runs slowly.

Currently, most of the APT suppliers hold wait-and-see attitudes and are inactive in selling materials at present as China Minmetals’ offers for tungsten concentrate will be published next week. 

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

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

China ammonium paratungstate  (APT) export prices firm.

China ammonium paratungstate prices(APT  prices) are stable this week, and the market sees few deals been concluded. Most of the market participants watch the market and wait for the China Minmetals’ tungsten concentrate prices.

Chinae APT export market is quiet although the offers are increasing in the European market. China APT suppliers hold offers firm at present. A source from an APT factory based in South China noted that they make offers for APT at USD430-440mtu.

You can visit the following links for more information about   ammonium paratungstate prices(APT  prices).

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

Vietnam ferro-tungsten market inactive.

The demand from the steel market is soft, and the downstream customers only purchase ferro-tungsten from hand to mouth.

Moreover, the European customers will leave the market for summer holiday in August, and it is expected that the trading volume will be small in ferro-tungsten market in the near future.

You can visit the following links for more information about  ferro-tungsten prices.

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

China tungsten concentrate prices remain stable with few buying activities.

China tungsten concentrate prices are stable this week, and the trading volume is small in the spot market. Many tungsten concertratemarket participants watch the future market, and are inactive in making deals.

China Minmetals will publish the tungsten concentrate prices next week, and it is expected that the tungsten concentrate market will be quiet this week.

You can visit the following links for more information about  tungsten concertrate market.

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

Downstream customers inactive in purchasing APT in China.

According to the ammonium paratungstate market (APT  market) participants in China, the ammonium paratungstate prices(APT prices) are stable this week, and the APT market runs slowly.

Currently, both of the APT suppliers and buyers hold wait-and-see attitudes and are inactive in concluding deals in the spot market. An end-user based in South China noted that they receive offers for APT at RMB224,000-226,000 per ton.

You can visit the following links for more information about  ammonium paratungstate prices(APT  prices).

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

HC Starck has signed a tungsten chemical joint venture agreement with Nui Phao Mining Company, both parties announced on Monday July 29.

The joint venture project will process tungsten concentrate produced by Nui Phao into tungsten chemicals including ammonium paratungstate and blue tungsten oxide.

The project will have capacity for 6,500 tpy of tungsten trioxide. Nui Phao, a subsidiary of Vietnam’s Masan Group, will own 51% of the venture and HC Starck.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Vancouver, British Columbia - Happy Creek Minerals Ltd. is pleased to announce that drilling is underway on its 100% owned, 165 square kilometre Fox tungsten property. The Fox property is located approximately 75 km northeast of 100 Mile House, in the south-central Cariboo region of British Columbia, Canada.

Drilling on the Fox property is planned to consist of approximately 1,200 metres in 12 to 15 holes. Most holes are planned to be relatively short in length due to the near-surface position and near-horizontal orientation of the main mineralized zone, however a number of holes will test for additional mineralized horizons. Mapping between and beyond the known zones will be performed to provide a wider geological perspective of the area.

On the Fox property, positive values of tungsten occur in rock, stream sediment, soil and drill core in a 10 km by 3 km area. On the east side of Deception mountain, four outcropping mineralized zones are named from south to north the 708, BN, RC (Ridley Creek) and BK prospects. These prospects span a distance of three kilometres. Surface chip sampling and drilling have returned positive tungsten (W03- tungsten trioxide) grade and thickness that are near surface in an open-pit setting.

Drill highlights from 2011 and 2012 at the RC prospect include 7.35 metres of 1.22% tungsten (W03), 19.4 metres of 0.82% tungsten, 11.0 metres of 0.80% tungsten, 20.0 metres of 0.63% tungsten and 24.7 metres of 0.68% tungsten. One kilometer to the south at the BN prospect, F12-27 returned three intervals: 4.1 metres of 1.78% tungsten, 14.8 metres of 4.0% tungsten and 24.0 metres of 0.79% tungsten including 5.8 metres of 2.01% tungsten (Refer to Press Release dated November 19, 2012). Geological mapping and results from drilling in three areas indicate the main calc silicate/skarn unit hosting variable concentrations of tungsten is around 25-40 metres in thickness and approximately two kilometres by over one km in dimension. Results from F12-27 suggest multiple (stacked) mineralized zones occur.

A positive feature of the mineralized skarn zone is its potential to host very high grades: results include 0.40 metres of 9.60% tungsten, 3.64% zinc and 19.20 g/t indium (DDH F11-07). A grade of 0.7% tungsten contains 7.0 kg W03 per tonne of rock, and tungsten APT prices have recently risen to around $40/kg W03. Indium is a rare metal used in liquid crystal and touch screens and prices have also risen to over US$550/kg ($5.50/gram).

Tungsten is regarded as a strategic and critical metal for industrialized countries. According to U.S. Geological Survey statistics, an apparent US$ 1 billion of tungsten was consumed in the U.S. during 2012. Over 50% is used in cemented tungsten carbide for making cutting tools for the construction, metalworking, mining, oil and gas drilling industries. The balance is used for heavy alloys in applications requiring high density such as electrodes, filaments, wires, and other components for electronic, heating, lighting, welding, steels, super-alloys, wear-resistant alloys and chemicals for various applications.

The Fox property is thought to be a unique and attractive new discovery in the global tungsten sector.


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Sweden’s Sandvik AB reported that the business climate of cemented carbide cutting tools during the second quarter of 2013 remained largely unchanged for most of the company’s customer segments and regions. The demand in Europe improved somewhat compared with the preceding quarter, partly driven by the positive performance in Russia. North America remained stable at a high level whilst demand in South America was said to be varied.

Total invoiced group sales for the 2nd quarter to end of June 2013 amounted to SEK 23,043 million, down 6% on the same period in 2012. Invoiced sales for the first half of 2013 amounted to SEK 45,142 million, down 5% in fixed exchange rates for comparable units. Operating profit was reported as SEK 5,518 million (SEK 8,031 million in same period in 2012), with a margin of 12.2% of invoiced sales.

Market activity for Sandvik Machining Solutions, the largest segment in the group, which includes production of cemented carbide cutting tools, remained largely on par with the 1st quarter. This segment contributed SEK 14,258 million in sales, down 3%, in the January to June period, whilst Sandvik Materials Technology reported invoiced sales of SEK 7,738 million.

Sandvik Venture, which includes superhard and hard materials based on cemented carbide cutting tools, cubic boron nitride, and synthetic diamond, as well as tungsten and tungsten carbide powder producer Wolfram, reported invoiced sales of SEK 2,603 million – up 4% on the 1st quarter but down 10% on the same period in 2012.

It was decided in the 2nd quarter to form a new product area within the Sandvik Venture segment combining Diamond Innovations and Sandvik Hard Materials. The new product area will have approximately 1,800 employees and will bring together resources within R&D, sales and marketing for superhard and hard materials.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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