Tungsten scrap market temporarily stable on the sidelines, the business mentality differences

Waste tungsten material prices remain steady mainstream. Currently 50-70 degrees scrap tungsten concentrate price grinding material between 1.64-1.7 yuan / kWh, 30-40 degrees grinding material concentrated in the 1.4-1.5 yuan / kWh. Given the current market is still in decline Scheelite channel, it is also difficult to sustain strong scrap prices are expected to decline in the short-term outlook is still possible.

Tungsten steel scrap prices temporarily stable sidelines. Currently scrap tungsten drill mainstream price excluding tax concentrated in the 184-186 yuan / kg, imported scrap tungsten blade 172-175 yuan / kg, domestic waste tungsten blade 164-166 yuan / kg, scrap wire drawing dies 172-175 yuan / kg waste pure tungsten blocks 200-205 yuan / kg. Business mentality differences, there is a big gap between the actual transaction pricing and lower overall market volume, trading atmosphere deserted.

Overseas tungsten City steady rise. On the 17th evening MB Rotterdam ferrotungsten offer 38.5-39.5 U.S. dollars / kg tungsten probe $ 3 on high; paratungstate European offer of $ 340-360 / t degrees, the Hong Kong offer $ 358-370 / t degrees, steady. Expected short-term overseas tungsten City or continue to narrow adjustment.


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