GE Additives announced that Kennametal Inc., Pittsburgh, Pennsylvania, USA has become the latest member of its Beta Partner Program. As part of the GE Additives program, Kennametal will further increase its Binder Jetting (BJT) capabilities in tungsten carbide as it continues to expand its end-to-end metal additive manufacturing business.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price keeps stable on the whole on May 19, 2022 as the market faces many instabilities. On the one hand, the manufacturing industry is sluggish under the continued spread of COVID-19; on the other hand, the external environment is still complex and changeable under the geopolitical pressure. 

China rare earth price rose early in the week and then turned to fall near the Friday in the week began on Monday May 16, 2022. 

China molybdenum price was in the downward trend in the week ended on Friday, May 20, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten carbide powder prices are unchanged from the previous trading day as the whole market keeps quiet trading activity. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market decline slightly on May 17, 2022. On the one hand, due to the impact of the epidemic, the demand side has not fully recovered; on the other hand, participants remain low buying appetite affected by the decline in new guide prices for the second half of May 2022. 

Rare earth market quotation in China: terbium oxide, neodymium oxide, praseodymium oxide prices decline slightly on May 18, 2022.

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices remain weak adjustment on May 18, 2022. Under the influence of many uncertain factors, most suppliers still have a strong quotation psychology while buyers are generally high in price pressure, so the growth of orders is slow. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, ferro tungsten and tungsten powder prices are unchanged from last week, mainly because insiders' expectations on the demand side are still weak, and the enthusiasm for spot trading on the market is low.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price was in the downward trend in the week ended on Friday, May 13, 2022 due to the demand concerns caused by the epidemic and the financial pressure caused by the changing external environment.