Waste tungsten market remains steady, businesses not price

Weekend approaching, tungsten market bottomed transient stability. Waste tungsten market remains stable, businesses do not intend to price adjustment, the market can be traded, wherein the blade demand is relatively good. In addition, the Ministry of industry and the elimination of backward production capacity mission, the ferroalloy products 2343000 tons, than last year increase strength, visible tungsten macro environment began partial empty, expected short-term waste tungsten prices more stable trend will continue.

Tungsten scrap prices continue to stabilize. At present, the waste tungsten bit does not tax the mainstream purchase prices concentrated in the 185-188 yuan /kg, imports of scrap tungsten blade 176-180 yuan /kg, domestic waste tungsten blade 167-170 yuan /kg, scrap wire drawing die 178-181 yuan /kg, waste pure tungsten 213-221 yuan /kg. W ≥ 70% grinding material mainstream prices concentrated in the 1.75-1.8 yuan / degree; 50% < W < 70%, 1.65-1.75 yuan / degree; 30% < W < 50%, 1.45-1.55 yuan / degree, stability.

Overseas tungsten, stable prices. 7 evening MB Rotterdam quotation for 43-43.5 dollars / kg tungsten, stable; ammonium paratungstate European price 360-370 USD / ton, up $2-5; Hongkong price 362-370 USD / ton, stable. Expected short-term overseas tungsten city will continue rising trend.


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