Smelter home gradually discontinued, reducing demand tungsten City

With the Spring Festival approaching, tungsten smelter home gradually discontinued, the city needs to reduce tungsten, tungsten concentrate on the procurement of raw materials have also been reduced, and no ore prices rose, but due to the difficulty of improving the procurement was up slightly, reducing the low offer, become more mainstream in recent range highs.

Tungsten iron smelter home this weekend will be halted, Jiang W in late January has stopped the production of ferro-tungsten, tungsten, iron smelters other small home earlier been discontinued; Hunan also plans to create a large six-week shutdown, which is home tungsten iron smelter before the Spring Festival last shutdown of a factory, but in Hunan, a large New Year's Eve orders to continue, year after delivery.

Since the early raw edged tungsten concentrate prices, combined with tungsten concentrate currently hold stocks continued to be reluctant to sell, raw material procurement difficulties tungsten concentrate, tungsten, iron production costs led to an increase in factory orders continue to offer relatively little by the end of January was up, but the market demand for light, mainstream price volatility is not significant, stabilize the main.

Downstream powder, alloy manufacturers, such as the demand for APT also been reduced, reduced market activity, the actual turnover is rare, APT price adjustment lack of motivation, in mid-February the maintenance of stability in the market mainstream APT 130,000 yuan / ton. Before the Spring Festival City activity continued low tungsten, tungsten mainstream market stability maintenance; Year Ten, the tungsten market businesses are coming back, but mostly watching the opening years of the beginning of the operation or still cautious before the Lantern Festival is still a large tungsten market volatility.


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Fujian Provincial Department: About forwarding tungsten, molybdenum and other mineral resources exploitation rate index notice three

Original title: Notice of Fujian Provincial Department forwarded manganese, chromium, bauxite, tungsten, molybdenum and other mineral resources, rational exploitation of the "three rate" minimum target requirement

Cities, counties (districts) Land Resources Bureau (Bureau of Geology and Mineral Resources, Mining Management Office), Pingtan comprehensive experimental zone of Environment and Land Resources Bureau, the Provincial Mining Association:

Now, "Land and Resources on manganese, chromium, bauxite, tungsten, molybdenum, pyrite, graphite, asbestos and other mineral resources and rational exploitation of the" three rate "lowest index requirements (Trial) notice" (MLR Bulletin 2014 No. 31, hereinafter referred to as the "Notice") transmitted to you, and made the following comments, please comply.

First, the land and resources at all levels should strengthen the manganese, bauxite, tungsten, molybdenum, pyrite and graphite mineral "three rate" indicator of the implementation of supervision and management.

Second, new or renovation and expansion of manganese, bauxite, tungsten, molybdenum, pyrite and graphite mine mineral resources development and utilization plan "three rate" should meet the design specifications "Notice" requirements.

Three, has built manganese, bauxite, tungsten, molybdenum, pyrite and graphite mine to reach the "Notice" requirements within two years. Required to reach the targets, city and county land and resources should be organized to supervise their rectification, after rectification of mining enterprises have not yet standard, not the development and utilization of mineral resources through the annual inspection shall not apply with mineral change, renewal such as registration and approval.

Fourth, by City Land Resources Bureau to pass inspection, sampling, etc., would be consistent with the "Notice" requirement of manganese, bauxite, tungsten, molybdenum, pyrite and graphite mining companies to report the list of ministries and agencies, ministries and agencies will report regularly to the community bulletin comply and do not meet the requirements of the list of indicators of mining enterprises, the implementation of community supervision and dynamic management.

Fifth, ask the relevant counties (cities, districts) Ministry of Land and goalkeeper "announcement" forwarded to the manganese, bauxite, tungsten, molybdenum, pyrite and graphite mining enterprises within their jurisdiction.

Fujian Provincial Department

January 22, 2015


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Crews battle blaze at Rend Lake Tungsten Carbide

Fire fighters from multiple area departments worked at the scene of an industrial park fire from Thursday night into the wee hours of Friday morning.

It happened at Rend Lake Carbide, a business on Skylane Drive inside the Benton Industrial Park.

A Benton Police officer on routine patrol called in the fire shortly after 9 p.m., after noticing smoke coming from the building.

Benton fire fighters quickly called for mutual aid from surrounding departments. The fire burned through the roof as crews used multiple ladder trucks to try to keep the flames down. Shortly before 11 p.m., part of the building's roof collapsed.

Rend Lake Carbide President Ken Sentel was at the scene Thurday evening. He said the fire appeared to be burning high in the building -- in the structure's trusses and roof -- rather than on the ground level.

The building was empty at the time the fire started. Sentel said the business has five employees, and the workday ends at 3 p.m.

Rend Lake Carbide buys scrap drill bits, machining tools and other scrap from mining and drilling industries, and then reclaims and recycles the tungsten carbide -- a metal denser than steel that is often used in cutting tools -- inside. The company was founded in 2006.

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Tungsten iron smelter home will be full suspension, was up quotes

Since the early raw edged tungsten concentrate prices, combined with tungsten concentrate currently hold stocks continued to be reluctant to sell, raw material procurement difficulties tungsten concentrate, tungsten, iron production costs led to an increase in factory orders continue to offer relatively little by the end of January was up, but the market demand for light, mainstream price volatility is not significant, stabilize the main.

Tungsten iron smelter home this weekend will be halted, Jiang W in late January has stopped the production of ferro-tungsten, tungsten, iron smelters other small home earlier been discontinued; Hunan also plans to create a large six-week shutdown, which is home tungsten iron smelter before the Spring Festival last shutdown of a factory, but in Hunan, a large New Year's Eve orders to continue, year after delivery.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Market demand for tungsten light, mainstream offer no significant fluctuation

Tungsten market: With the Spring Festival approaching, the downstream powder, APT smelter home has been fully closed for purchase, but the individual manufacturer's production plant continued operating until about the twelfth lunar month 28, the downstream powder, alloy manufacturers basically been completed before purchase, market price fluctuations lack of motivation, is expected before the Lantern mainstream APT prices stabilize, hovering at 130,000 yuan / ton. Scheelite raw material procurement difficulties, resulting in an increase in the cost of production of tungsten iron, factory orders continue to offer relatively little by the end of January was up, but the market demand for light, mainstream price volatility is not significant, stabilize the main.

Read more...

With the Spring Festival approaching, the tungsten market activity reduced

With the Spring Festival approaching, the downstream powder, alloy manufacturers and other needs have also been reduced for APT, tungsten market activity decreases, the actual turnover is rare, APT price adjustment lack of motivation, the mainstream market in mid-February APT maintenance of stability in the 130,000 yuan / ton .

APT smelter home this week to suspend basic foreign quote, years ago, no orders, but the workshop is still actively producing, for the completion of existing orders, chain better powder manufacturers or reserve materials for the coming year, other products are more single the smelter family also reluctant to sell APT, reserve library waiting to do next year.

Sodium tungstate market demand is low, the smelter home base has been discontinued, some downstream buyers in tentative inquiries, but the actual success of the transaction is small, currently 96% of sodium tungstate mainstream market prices hovering at 10 yuan / ton.


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Resource tax reform next stop: tungsten, molybdenum, iron ore or delayed

Rare resource tax reform on the agenda, tungsten, molybdenum will become the vanguard; the industry long-awaited tax reform or delay iron ore resources.

Ministry of Industry and Raw Materials Division yesterday (February 11) released the "2014 China's nonferrous metals industry in 2015 to analyze and Prospect." In this focus on copper, aluminum, lead, zinc production, investment, import and export, outlined pressure, in addition to research and draft "non-ferrous metals industry," Thirteen Five "development plan", "gold industry" Thirteen Five "Development outside planning "and" aluminum industry guidance "three" Thirteen five "industry development plan, penultimate word not much, but every word is important - this is the focus of the work of the six non-ferrous industry management in 2015 the five "rare improve management." Tasks set out in this work are: to promote the introduction of "rare Regulations"; adjust rare issued mandatory production plan ways to explore issued paratungstate smelting production targets; research-driven tungsten, molybdenum resource tax reform.

These three measures concerning the United States and Europe to the WTO complaint Chinese rare earths, tungsten, molybdenum export management measures related case (hereinafter referred to as rare case) execution of the judgment, of which the first two associated with the earth, is still closely linked to China after a rare case in involved tungsten, molybdenum resources. According to the "Daily Economic News" reporter, resource tax reform is a systematic project involving the central, local and on downstream businesses, which means that the schedule after the Ministry explicitly tungsten, molybdenum resource tax reform to mention, very anxious voice domestic iron ore resource tax reform introduced time or later than expected.

How rare tube

Tungsten, molybdenum, lead resource tax reform background dates back to 2012.

March 2012, United States and Europe for Chinese rare earths, tungsten, molybdenum related products export quotas and other management measures to prosecute to the WTO. December 13, 2013, the panel submitted its final report for up to 261, March 26, 2014, the WTO preliminary export quota of rare earth, tungsten, molybdenum related products taken, export licenses and export restrictions price measures are inconsistent with WTO regulations, followed by an appeal to China, but in the final ruling in August 2014, the WTO ruled that China's rare earth export policy is still illegal.

After this, the rare areas of continuous action. August 2014, Baotou Steel Rare Earth, Xiamen Tungsten and aluminum companies have confirmed their Rare Earth Group's plan to get the Ministry of Industry for the record, then, Minmetals, Ganzhou Rare Earth Rising colored and also has approved the formation of the rare earth group. Su Bo, vice minister of the Ministry of Industry on January 28 this year, said the six Rare Earth Group will integrate all the country's separation of rare earth mining and smelting enterprises before the end of 2015, to achieve a substantial reorganization of assets as the link.

Su Bo also said that the development and introduction of "rare Regulations" in 2015 as the industry's priorities. He said, according to the general requirements of the State Council, resource tax reform, pay close attention to the introduction of relevant rare earth resource tax reform program to improve the motivation and the ability to protect local resources to meet the WTO rules, to achieve effective protection and rational exploitation of rare earth resources. According to the development needs of the industry, the Ministry will amend the "rare earth mandatory production plan management approach", "rare earth industry access" documents and other departments to further improve management measures.

In addition, this year the Ministry of Commerce revoked the rare earth export quota management, to license management; May 2, rare earth export tariffs will face the cancellation deadline, so the introduction of resource tax is extremely urgent.

An official from the Ministry of Land told the "Daily Economic News" reporter about the reserves of rare earth: "This is definitely do-control, not the front-end regulation, post more passive in the international court, you can not completely restrict exports, mining restrictions can only say that from the front. "

However, under the jurisdiction of the Ministry of Land which a mother is difficult in many provinces. "Land and Natural Resources has been to limit the total amount of rare earth mining, but also large scale stealing some places strict supervision, supervision loose in some places." He said, a coastal province in mining index was over 2000 tons a year, but the yield tons, "It's lax oversight."

He also said: "total control not to card production, mainly for new capacity limit capacity expansion, new capacity to set a high threshold for the original problem are more barriers to entry is low..."

He said that to strengthen the important mineral resources such as rare earths and tungsten ore total control, ready to establish protection and reserve base. Currently, the Ministry of Finance to establish regular communication with the mineral reserve issues.

Iron ore resource tax reform to wait

RE resource tax reform is certainly imminent. Tungsten and molybdenum are also listed on the agenda. These can understand, where international lawsuit arrayed it, so many pairs of eyes staring at the international, must be tight with these kind of come.

As a result, quite strong domestic iron ore resource tax reform, it seems to wait up.

Domestic iron ore why to wait in line? Since the introduction of the product every resource tax reform must involve the central and local, on the downstream business, to have a statistical approach.

Resources from the amount of tax levied to ad valorem, first make compensation fee and resources tax merger, the combined central and local governments into how computing is a big problem, and there are tax standards.

Since December 1, 2014, the coal resources to implement ad valorem tax reforms in the country, mixed. So, just do a try coal, tungsten, molybdenum has a column on the agenda, iron ore resource tax reform is estimated to be, and so on up.

In addition, industry analysts had on the "Daily Economic News" reporter said that even tax cuts apply mode coal iron ore industry, the compensation fee rate to zero, stopped levying mining environmental management to restore the margin, price adjustment fund and other expenses with respect to the various taxes and nearly ten, the tax cuts is very limited.

Tons of imported iron ore price from $ 13.45 billion at the beginning of 2014 plunged 52.6 percent to $ 62.2 February 11, so that the domestic mining resource tax costs of a sudden from the previous total of 1/8 price rose 1/20 more.

Iron ore resource tax has not been changed by the amount levied ad valorem. Calculated by ore, one ton of ore resource tax is 15 yuan, one ton of iron ore resource tax would have 50 to 60 yuan.


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With the Spring Festival approaching, tungsten City mainstream continued maintenance of stability

Tungsten market: tungsten smelter home basic full suspension this week, as the Spring Festival approaching, buyers and sellers operating enthusiasm is not high, the market is still a small number of transactions tungsten scrap, mostly bulk cargo turnover, and the price more low, tungsten ore after the strong bullish sentiment in the business, and the enthusiasm is not high, little inquiry Scheelite spot market, continue to rise weakness. Little spot market transactions, the main city of tungsten continued maintenance of stability, the main holding stability before the holiday.

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Tungsten scrap market transactions are still a few, and the price much lower

Currently there are few scrap tungsten market trading, mostly bulk cargo turnover, and the price much lower, but this does not mean that scrap tungsten steel prices lower, but due to reduced receipt of businesses.

Hebei out in the last week of receipt of the traders have been coming back home, Zhejiang and other places in the distribution market is very deserted, and only a small number of local traders in fragmented delivery, receipt and try to drive down prices, local market trade in Hebei Suppliers also continued receipt.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

 

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