Tungsten scrap procurement will lower prices continue to fall
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- Category: Tungsten's News
- Published on Thursday, 04 December 2014 13:55
- Hits: 961
Pan Asia this week, with the brewing event, and the year the bank will face tungsten smelter audit, downstream manufacturers of tungsten steel scrap procurement needs less, prompting tungsten scrap prices continue to fall this week.
With the falling prices of raw materials tungsten concentrate, tungsten entire domestic market have continued weakening operation, tungsten businesses generally bearish outlook, guide price or continue to fall sharply in December, scrap tungsten steel big money traders are also many goods trap, waste tungsten steel market activity is not high.
It is understood that there are some two days after another scrap tungsten steel traders pause acquisitions, only a small number of traders continued receipt, but the volume is small, and offer relatively down 2-3 before re-yuan / kg. Analysts believe that the 12 month of tungsten steel scrap market or difficult to reverse, post or still lower risk.
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