Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum concentrate and molybdenum oxide declined sharply in the midweek December 26 due to poor performance in steel tenders. 

Saint-Gobain Abrasives, one of the world’s largest abrasives manufacturers, has introduced a new line of tungsten carbide burrs designed for surface removal on demanding production runs with fewer changeovers.

Analysis of latest tungsten market from ChinaTungsten Online

The Chinese tungsten market was slow on the last trading week of 2018, with prices down and trading activity limited. Affected by weak demand, capital shortage and sluggish manufacturing industry, the seller’s market is still weak and downstream purchasers still remain low trading activity.

Rare earth market quotation in China: domestic rare earth prices are unchanged from the previous trading day under the deadlocked supply and demand. Before the holiday of New Year’ Day, market funds are still tight, downstream enterprises remain low buying interests and new increased orders are fewer. Although raw material market has good expectations for the supply side, the recovery of customs in Yunnan brings worry for the market. At present, insiders wait for the replenishment in the downstream market. 

China molybdenum price continued its downward trend at the end of 2018, greatly affected by the decline in prices and quantity of steel tenders. Prices of ferromolybdenum, sodium molybdate and ammonium molybdate dropped slightly in the week to Tuesday December 25.

Analysis of latest tungsten market from ChinaTungsten Online

Tungsten prices in China continued the downward trend in the week to Friday December 21 because of low buying interests with the approaching of New Year’ Day and capital shortage at the end of this year. In addition, listing tungsten companies declined their offer levels, which also pressed transaction prices down. 

Opening this week, Chinese rare earth prices remain stable but show signs of decline. On the one hand, downstream market has fewer new increased orders and try to force prices down; on the other hand, the supply and cost sides offer supports for the market under the stricter environmental protection. 

Molybdenum market quotation in China: prices of ferromolybdenum, molybdenum concentrate, ammonium heptamolvbdate and molybdenum oxide declined slightly early in this week while molybdenum powder price maintained stability. 

Tungsten carbide is one of the most versatile metal compounds and is renowned for its durability and strength, making it perfect for cutting tools, boring machines, and surgical instruments. Although its use in additive manufacturing (AM), or 3D printing, would seem ideal, tungsten carbide is susceptible to fractures and breakage when exposed to the extreme laser melting process used in printing metals.

Analysis of latest tungsten market from ChinaTungsten Online

China tungsten price continues its weak adjustment in the week to Friday December 20 due to the weakness in both sales and buying. The last round of offer levels from large tungsten enterprises will soon be released and market participants are waiting for the next move in the market.