The main problems of tungsten carbide industry in China are the following, first, small scale enterprises, industry concentration is not high. According to incomplete statistics, 199 tungsten carbide enterprises' average annual production capacity is 176 tons, with an average annual production of 86 tons, only 4 can get annual output of more than 1,000 tons. Second, less investment in science and technology, and the lack of high-end technical personnel, R & D capability is weak. Tungsten carbide industry's inputs in China in science and technology is less than 3% of the sales revenue, scientific technical and R & D level is not high. Third, the level of product quality is low, product structure needs to be adjusted. The production of tungsten carbide in China accounted for more than 40% of world production, but tungsten carbide sales income is less than 20% of the world, it is because the high-performance ultra-fine alloy, high-performance precision grinding blade coating, super-hard tool materials, complexity products, precision carbide CNC tool and high value-added products is less, the deep processing facilities is insufficient as well as due to incomplete varieties.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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In recent years, the domestic production of tungsten carbide bar has been growing, but with the growing demand, the market demand outstrips supply, the demand for quality inspection is also facing difficulties. Detection of domestic tungsten carbide bar is commonly manual, it consumes more labor power, and the test result is unstable, thus automated testing equipment gradually is more favored by the majority of manufacturers.

According to related statistics, tungsten carbide bar includes high hardness, high wear resistance, high strength, and resistance to bending, long tool life and a series of excellent performance. Tungsten carbide bar is the blank material of producing drill and cutting tool, at present, it mainly adopts powder extrusion molding process. It is now widely used in producing drill, automotive tools, printed circuit board tool, engine tool, solid end mills, the overall reamer, chisel, etc., but also in producing the punch, mandrel, top and punch tool.

With the surge in market demand, the ultra-fine grain tungsten carbide bar has been more and more widely used. In the field of high-speed cutting tool, due to the high standards of safety, reliability and durability, internal and surface quality requirements of overall tungsten carbide cutting tools are more stringent. However, with the quality of tungsten carbide bar especially the ultrafine carbide is improving continuously, the quality of the surface of overall tungsten carbide cutting tools is more and more being taken seriously.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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With the rapid expansion of China's automobile industry, the demand for auto parts processing cutting tools is also increasing. In China steel, transportation, construction and other fields, the demand for tungsten carbide is also increasingly strong. In the foreign tungsten carbide MNCs' Strategic picture, Chinese market has been quietly from a supporting role to the protagonist.

The analysis pointed out that up to the end of the "12th Five-Year plan", Chinese tungsten carbide production reached 30,000 tons, sales income reached 300 billion yuan, the production of deep-processed products accounted for 40% of the total tungsten carbide. Exports compared to the "11th Five-Year plan" will double, and strive to be more than 1 billion U.S. dollars. Tungsten carbide will develop towards to the direction of intensive processing, ultra-fine, ultra-thick coating composite structure; to the recycling economy, energy saving and environmental protection direction; precision and miniaturization direction.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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In 2012, China tungsten carbide production level reaches 1.65 million tons, 4,500 tons are for the production of cutting tools, on the quantity, there has no big difference with Japan. But after the tool is made, the value is only 800 million U.S. dollars, is far less than the $ 2.5 billion in Japan, which fully shows that the overall production level of tungsten carbide still has a considerable gap. Therefore, domestic enterprises can not meet the market demand, the needs of the manufacturing sector will have to rely heavily on imports to solve.

Data shows that the sales annual growth rate of the main foreign sales in high-end tool market of China reaches 30%, it is more than the average annual growth level of domestic knives.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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

Tungsten carbide rods are often applied in various kinds of drills ,drill bits, micro drills, carbide end mills and reamers, mold punches, core pins and hole drills tools. Tungsten carbide rods are widely used in drills and end mills .Carbide grade YG10X is special for non ferrous precision cutting carbide grade YG6X is for wood cutting. Grade YG8X is fiber glass reinforced plastic.

The tungsten carbide solid round rods we produced are with good high hardness and precision, with super high wear resistant and impact-resistant. Our carbide rods are also with excellent performance in some sticky metal cutting which needs good shock and bending resistance.

Hard tungsten scrap  prices keep at USD12.25-12.75/lb for consumers; a USD0.25/lb increase compared to late April.

US has been reporting slightly higher figures over the past two weeks from what seems to be caused by rampant buying of tungsten products last month by large Chinese players. Players noted a rather interesting anomaly, mentioning that other areas of the market are still operating at an unchanged pace while scrap activity seems to be upticking as well.

Some commented that there could be some future growth in the manufacturing sector due to the recent appreciation, however, many believe that raw materials were primarily forced up, causing the entire market to experience an uptick with minimal product available for purchase.

One US-based distributor of hard tungsten scrap, who quoted rates at USD12.50-12.75/lb, stated that he was able to sell his position a week-and-a-half ago at USD12.75/lb with no negation or difficulty.

The source mentioned that major consumers seem to be buying now, which could show concern for future availability in the short-term. With scrap prices up, along with carbide, he believes the next few months could bring with it some interesting activity.

You can visit the following links for more information about hard tungsten scrap market. Thank you very much!

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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 Ferro-tungsten market shows no obvious improvements in China.

China tungsten concentrate prices moved up gradually, and ferro-tungsten suppliers held offers firm. Chinese ferro-tungsten market continued to be quiet, and most of the deals depended on the long-term orders.

Although the inquiries from the oversea market increase, the transaction prices are unfavorable.

You can visit the following links for more information about ferro-tungsten  prices. Thank you very much!

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

European ferro-tungsten market still expecting further price increases.

The start of the new week has brought about further increases in the ferro-tungsten prices in the European market, with concluded business between USD45.50-46.00kg W d.d.p to European steel plants on Monday, up USD0.50kg W from last week. 

With new shipments of material from the large Vietnamese ferro-tungsten producer now not expected to leave until June because of current production difficulties at the plant, offering prices of material held by suppliers in Rotterdam have increased to highs of USD47.00kg W in warehouse Rotterdam as of Monday.

You can visit the following links for more information about ferro-tungsten  prices. Thank you very much!

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

There are no fundamental changes with respect to the economies of Europe and the United States, and Netherlands, Europe's fifth-largest economy, is being reported has many economic problems.Japan has continue carried out monetary policy of quantitative easing measures(inflation)to stimulate the economy since last year, which may result in an expected currency war and China,the world's second largest economy, has seen its PMI and GDP continued to decline.

The demand of tungsten production is still at a low level. Future growth potential is limited. Learn from the data, volume of exports of tungsten metal (excluding hard Alloy, the same below) is 700 tons in February, fell 59 percents compared to last month. The decline of exports of tungsten carbide also reaches 40 percents. However, learn from the latest export prices, price is already out of the low level and slowly going upward. Next, our focus would be paid on volume of exports and the price level.
 

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

Since February, tungsten carbide export has decreased continuously, but the average price gone up steadily. Given whole tungsten carbide export, the foreign demand of tungsten has remained as last year. according to the finished products, after the low price in earlier two months, the price of tungsten carbide has been on the trend of increasing. After the recovery of tungsten carbide price, it has been increasing all the way until now, on May.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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