The Price of Waste Tungsten Steel Rose Slightly

This week the price of waste tungsten steel rose slightly. Recently, the price (no tax) of waste tungsten bit focused on 189 to 190 yuan/kg, domestic waste tungsten blades price is 169 to 170 yuan/kg, imported waste tungsten blades price is 179 to 180 yuan/kg, up 0.5 to 1 yuan than the lowest price last week, but the highest price doesnot rise. The purchasing price of grinding material W content in 30 to 40 degree is concentrated in 1.45 to 1.5 yuan/degree, 50-70 degree focused on 1.55 to 1.65 yuan/degree, over 70 degree concentrated in 1.65 to 1.71 yuan/degree, with flat last week.

At the beginning of Sep, the atmosphere of wait-and-see in the market is strong, in addition, the guided price of tungsten concentrate has not yet been published in September, businessmen lack of pricing power. Gradually waste tungsten steel market demand is acceptable and dealing price is gradually close to the highest price, and business mentality is relatively strong. Waste tungsten material price associated closely with tungsten concentrate, but in tungsten concentrate price is poor in recent days, therefore waste tungsten material price is hard to rise. It is expected that waste tungsten market next week will stabilize, but the actual demand hasnot yet been released.

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