Scrap Tungsten Price Keeps Steady Continuously before New Year

Details: Category: Tungsten's News; Published on Monday, 31 December 2012 16:32; Hits: 2715

The mainstream scrap tungsten price maintains steady. The transaction price excluding tax of domestic blade is ￥171.00-￥174.00/kg; imported blade is ￥181-183/kg; scrap tungsten bit still concentrates on ￥187.00-￥190.00/kg scrap pure tungsten block is ￥208.00-￥213.00/kg.

The price of the content of scrap tungsten grinding material which is more than 70W is ￥1.70 per kilogram tungsten, 50W-70W is ￥1.60 per kilogram tungsten, 30W-40W is ￥1.40 per kilogram tungsten, 10-20W is ￥0.80 per kilogram tungsten while 8W-10W is ￥0.70 per kilogram tungsten, which keep steady constantly.

The trend of downward in tungsten concentrate price becomes obviously, although tungsten suppliers are more willing to ship, real demand seems no improvement relatively. Under the support of short resource, scrap tungsten steel prices has been hold relatively, but small transaction volume has been realized. Scrap tungsten suppliers’ attitude becomes more cautious and more willing to wait and see. Tungsten traders feel no enthusiasm toward the scrap tungsten market, therefore trading operations are in active as well. Chinatungsten Online predicts scrap tungsten prices will keep steady generally but falling feebly.

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