Waste tungsten market sentiment pessimistic price fell again

Currently tungsten scrap market sentiment pessimistic, hold stocks Paohuo strong willingness cash, resulting in difficult market stabilized, low-cost resources endless, tungsten scrap prices are expected to continue weak short-term run. 70 degrees above the grinding tungsten scrap material 1.45-1.5 yuan / kWh, 50-70 degrees 1.4-1.45 yuan / kWh, 30-40 degrees 1.3-1.35 yuan / kWh, transient stability.

Tungsten steel scrap price continues to fall. Waste tungsten drill though relatively strong, but the individual is still traded as low as 160 yuan / kg; import blade as low as 153 yuan / kg, down to individual recyclers to 150 yuan / kg; homemade blade as low as 147 yuan / kg, drawing die 155 yuan / kg, pure tungsten block 170 yuan / kg or so.

Overseas tungsten city decline has slowed. The 14th in the evening MB ferrotungsten Rotterdam offer 36.7-37 USD / kg tungsten, low dropping $ 0.1; paratungstate Europe offer $ 325-345 / metric ton, the Hong Kong offer $ 340-360 / ton degrees, transient stability. Expected short-term overseas tungsten City is expected to become more stable.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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